Bond Hyundai Capital Americas 2% ( US44891CAA18 ) in USD
Issuer | Hyundai Capital Americas |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
![]() |
Interest rate | 2% per year ( payment 2 times a year) |
Maturity | 19/03/2018 - Bond has expired |
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
Minimal amount | 2 000 USD |
Total amount | 500 000 000 USD |
Cusip | 44891CAA1 |
Detailed description |
Hyundai Capital America is a captive finance company providing financial products and services, primarily to support the sale of Hyundai and Genesis vehicles in the United States. An analysis of the fixed-income market highlights the performance and conclusion of a specific bond issuance by Hyundai Capital America, identified by ISIN US44891CAA18 and CUSIP 44891CAA1. Hyundai Capital America, as the issuer, stands as the U.S. captive finance subsidiary of Hyundai Motor Group, a globally recognized automotive conglomerate headquartered in South Korea. This entity plays a crucial role in the automotive industry by providing a comprehensive range of financial products and services, including retail financing, leasing, and dealer wholesale financing, directly supporting the sales and operational activities of Hyundai and Kia vehicles across the United States. This particular bond, issued from the United States and denominated in U.S. Dollars (USD), carried an annual interest rate of 2%. The total size of this issuance was substantial, amounting to USD 500,000,000, designed with a minimum investment threshold set at USD 2,000 per purchase unit. Interest payments to bondholders were structured to occur with a frequency of two times per year, consistent with standard semi-annual distributions for such instruments. The definitive maturity date for this obligation was March 19, 2018. At the time of its maturity, the bond was quoted at 100% of its face value on the market, signifying that the principal amount was fully repaid to investors. This successful redemption at par confirms that the bond reached its contractual conclusion and its obligations to bondholders were completely satisfied. |