S&P: Hyundai Capital view positive

Standard & Poor's said it revised its outlook on the ratings on Hyundai Capital America Inc. to positive from stable.

At the same time, the agency affirmed its long-term BBB+ and short-term A-2 issuer credit ratings.

"Our outlook revision to positive is based on our view that strengths in the financial risk profile of Hyundai Motor Group, which the company belongs to, could enable a higher rating over the next 24 months," S&P credit analyst Kevin Cole.

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