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Sales of Bonds to Special Relationship Party

25th Feb 2009 07:00

RNS Number : 8432N
Hyundai Motor Company
25 February 2009
 



HYUNDAI MOTOR COMPANY (HMC)

Corporate Disclosure to Korea Exchange 

Disclosure Date February 25, 2009

Disclosure Title : Sales of Corporate Bonds to Special Relationship Party

Counterparty for Transaction : HMC Investment Securities 

-Relationship with the company : Affiliate of Hyundai Motor Company

 

2. Date of Transaction : March 5, 2009

 

3. Actual Amount of Transaction KRW 20 Billion

4. Accumulated Amount of Transaction With Counterparty This Year : KRW 20 Billion

 

5. Yield : 6.10%

 

6. Characteristics of Bond

- Issuer : Hyundai Motor Company

- Type : The 312nd Unsecured Corporate Bond

- Total Face Value : KRW 20 Billion

- Proportion of the Total Face Value of Bond to Capital Stock:1.35%

- Coupon Rate : 6.10%

- Issuance Date : March 5, 2009

- Maturity Date : March 5, 2013

 

7. Purpose of Transaction : Raising funds for general corporate purpose

 

8. Others : 

- HMC Investment Securities underwrites(broker) the KRW 20 Billion out of total KRW 200 Billion of the 312nd Unsecured corporate bond which will be issued by the Hyundai Motor Company.

*Date of Related Disclosure (Korea Exchange) : None

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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