Hyundai Capital bags 144A deal in opportunistic return

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Hyundai Capital bags 144A deal in opportunistic return

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This is the Hyundai logo on display at the Pittsburgh International Auto Show in Pittsburgh Thursday, Feb. 11, 2016. (AP Photo/Gene J. Puskar) | Gene J. Puskar/AP/Press Association Images

Hyundai Capital Services got the timing right on its 144A outing on Tuesday, making an opportunistic move before the markets become crowded with South Korean names. Market participants said HCS’s efforts in putting together its trade paid off, with a win-win outcome for both investors and the issuer.

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