Hyundai Capital hungry for more dim sum

30 Aug 2012

Hyundai Capital Services is considering returning for more offshore renminbi deals after raising Rmb500m ($78.7m) from its first foray into dim sum bonds last week.

Its 1.5 year bond was priced on August 23 to yield 3.45%, reflecting revised price guidance. That was in line with what Hyundai executives were hoping for, making a return to the dim sum market increasingly likely, said a company official.

"We are very happy with the outcome of ...

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