Monday, April 16, 2007

South Korea's Hyundai Card Hires Banks to Sell Three-Year Bonds Overseas

(Bloomberg) -- Hyundai Card Co., South Korea's third-largest credit card issuer by assets, hired Barclays Capital, Morgan Stanley, Royal Bank of Scotland Group Plc and UBS AG to sell dollar-denominated bonds overseas, according to an e- mail sent to investors.

The company will meet investors in Hong Kong on April 23, Frankfurt on April 24 and London on April 25, according to the e- mail. The three-year bonds are rated BBB by Standard & Poor's, its second-lowest investment grade rating, the e-mail said. Barclays Capital is an investment unit of Barclays Plc.


Read more at Bloomberg Bonds News

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