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Hyundai Motor to start bond roadshows Nov 18-source

HONG KONG, Nov 14 (Reuters) - Hyundai Motor Co , South Korea's top auto maker, is expected to kick off investor roadshows for its US$400 million, seven-year bond on Tuesday, a market source said.

Presentations would begin in both Hong Kong and the U.S. West Coast on Tuesday, before moving to Singapore and Boston on Wednesday and London and New York on Thursday, the source said.

Citigroup and UBS are the lead managers for the transaction.

Hyundai Motor last sold US$400 million, five-year bonds in early Sepetember at a spread of 223 basis points over comparable U.S. Treasuries.

Hyundai Motor's 2008 bonds are currently trading at 215/205 basis points over Treasuries.