Paul Hastings LLP acted as sole international counsel in connection with Hyundai Card’s issuance of $500 million 5.750% Senior Unsecured Notes due in 2029 on April 24, 2024. The offering was conducted in reliance on Regulation S of the U.S. Securities Act of 1933, as amended, and the Notes were listed on Singapore Exchange Securities Trading Limited. 

BNP Paribas, Citigroup Global Markets Limited, Crédit Agricole Corporate and Investment Bank and J.P. Morgan Securities plc acted as managers.

The issuance was Hyundai Card’s first issuance of U.S. dollar-denominated bond since 2007.

As the flagship financing arm of Hyundai Motor Group, Hyundai Card is a premier credit card company and a lifestyle brand in Korea marked by its innovative digital technology and distinctive design.

Corporate partner Iksoo Kim led the Paul Hastings team, which also included associate Sye Myung Kim and corporate attorney David Park.

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