S&P turns Hyundai Capital view to stable

S&P said it revised Hyundai Capital Services Inc.’s outlook to stable from negative and affirmed the BBB+ ratings on the company and its senior unsecured notes.

The change in outlook follows the revision in the outlook for Hyundai Capital’s parent Hyundai Motor Co., the agency said.

S&P said it considers Hyundai Capital a core member of Hyundai Motor Group.

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