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Hyundai Capital sells $700 million global bonds to back Hyundai’s green drive

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Hyundai Capital Services Inc. has sold $700 million in green bonds to back Hyundai Motor Group’s push in electric and hydrogen vehicles.The dual-tranche bonds broke down to $400 million offering in 3.25-year maturity and $300 million in 5- year maturity. They were priced 87 basis points above the relative three-year U.S. treasuries and 97 basis points over five-year notes.



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