Moody's lifts Hyundai Capital

Moody's Investors Service said it upgraded the foreign currency long-term senior unsecured debt rating of Hyundai Capital Services, Inc. to Baa1 from Baa2.

The outlook is stable.

Moody's said the action follows its Oct. 30 upgrade of the senior unsecured rating of Hyundai Motor Co., one of Hyundai Capital's two major shareholders, to Baa1 from Baa2.

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