Moody's assigns Hyundai Card Baa1

Moody's Ratings said it assigned a first-time Baa1 foreign-currency issuer rating to Hyundai Card Co., Ltd. The outlook is stable.

The rating and the stable outlook reflect the assessment of a very high level of support and the company's very high dependence on its parent Hyundai Motor Co., rated A3, Moody’s said.

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