Hyundai Card is reopening Korea’s “kimchi” bond market as part of an expanded funding plan that includes a dual-currency offering linked to USD and CNY, according to reports. The issuance is described as adding to Hyundai Card’s funding portfolio while restarting access to the domestic Korean market for foreign-currency debt instruments. The reports characterize the transaction as a move to diversify financing by combining U.S. dollar and Chinese yuan exposure within a single issuance structure. Multiple outlets frame the event as a market re-engagement for kimchi bonds in Korea, indicating that Hyundai Card is participating in the segment to raise funds and broaden the types of currency-linked products it can use. No specific ticket size, coupon details, or maturity terms are provided in the information supplied, and the articles do not cite any immediate market reaction. Overall, the coverage agrees that Hyundai Card is both reentering the kimchi bond market and expanding its funding strategy through a USD–CNY dual-currency issuance.
Hyundai Card reopens Korea’s kimchi bond market with dual-currency USD-CNY issuance
Hyundai Card is reopening Korea’s “kimchi” bond market as part of an expanded funding plan that includes a dual-currency offering linked to USD and CNY, according to reports. The issuance is described...
- Hyundai Card is reopening Korea’s kimchi bond market.
- The funding plan includes a dual-currency issuance linked to USD and CNY.
- The issuance is described as an expansion of Hyundai Card’s funding portfolio.
- Reports present the move as restarting or re-engaging with kimchi bond activity in Korea.
- The provided summaries do not include specific amounts, interest rates, or maturities.
Hyundai Card Reopens Korea's Kimchi Bond Market, Expands Funding Portfolio with Dual-Currency USD-CNY Issuance
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