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Published on 4/25/2007 in the Prospect News Emerging Markets Daily.

South Korea's Hyundai Card talks dollar-denominated three-year bonds at Libor plus 43-45 bps

By Reshmi Basu

New York, April 25 - Hyundai Card Co., Ltd. (/BBB/BBB) has set price talk for its benchmark-sized dollar-denominated offering of three-year bonds at Libor plus 43 to 45 basis points, according to a market source.

Pricing is expected to take place Thursday.

Barclays Capital, Morgan Stanley, RBS and UBS Investment Bank are joint bookrunners for the Regulation S transaction.

Seoul-based Hyundai Card is the credit card unit of Hyundai Motor.


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