Hyundai drives off with $1.3bn

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Hyundai drives off with $1.3bn

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South Korea: Hyundai-Kia Motors Headquarters, Seoul | Daniel Kalker/DPA/PA Images

Hyundai Capital America took advantage of investors’ newfound love of floating rate notes on Monday, sealing a $1.3bn triple-tranche deal led by a three year floater.

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