Hyundai sells $300m bond through Indonesia arm

Car park_575px_adobe_21Jul20
By Morgan Davis
28 Apr 2021

Hyundai Motor Manufacturing Indonesia nabbed $300m from a five year bond on Tuesday.

Bookrunners BNP Paribas, Citi and HSBC began marketing the Reg S transaction at the 135bp over US Treasuries area.

The $300m 2026 bonds were closed with a coupon of 1.75%. The bonds were sold at 99.6, a yield of 1.834% and a spread of 100bp over ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial