S.Korea Hyundai Capital to issue 850 bln won in ABS

Newswire

SEOUL, June 23 (Reuters) - South Korea's Hyundai Capital said on Monday it would issue a total of 850 billion won ($713.9 million) in asset-backed securities this week. Hyundai would issue 400 billion won worth of ABS on Monday, carrying maturities of one month to three years, a company spokesman said. The company, an affiliate of South Korea's largest auto maker, Hyundai Motor , plans to issue another 450 billion won in ABS on Wednesday, carrying maturities of one year to three and a ...

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