Hyundai Card Issues Dual-Currency Kimchi Bond for Eco-Friendly Mobility Projects
- Reports
- 18
- Developments
- 6
- Repetition
- 72%
New informationRepeats or wire copies
What happened
Hyundai Card became the first Korean credit-specialized financial company to issue a dual-currency USD-CNY Kimchi bond on June 17, 2026. The bond was issued as a green bond under the Korean Green Taxonomy Guidelines. The proceeds from this issuance are earmarked for financial services supporting Hyundai Motor Group's eco-friendly mobility businesses, including electric vehicles and fuel cell electric vehicles.
Why it matters
The issuance allows Hyundai Card to diversify its funding channels, a critical priority for specialized finance companies in Korea due to rising funding costs and interest rate volatility. This move expands the company's investor base and currency portfolio in response to changing market conditions.
Hyundai Card is a financial entity whose bond issuances support the eco-friendly mobility businesses of Hyundai Motor Group.
From malaysiasun.com
Who's involved
- Hyundai CardIssues the dual-currency Kimchi bond to raise capital.
- LG ElectronicsParticipates in the Kimchi bond market as a competitor in the broader funding diversification trend.
- HyundaiThe ultimate beneficiary of the bond proceeds for its eco-friendly mobility projects.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- HyundaiSpeculative
Hyundai could receive dedicated funding through the bond proceeds to advance its eco-friendly mobility initiatives.
- Hyundai CardSpeculative
Hyundai Card could successfully expand its investor base and diversify its funding portfolio through this issuance.
How it developed
Newest first. Tap a step to see who reported it.- Hyundai Card and Hyundai are issuing bonds in Korea for eco-friendly mobility businesses.Sub-event
Both companies are participating in the Kimchi bond market.1 source
Korean giants Hyundai and LG enter Kimchi bond market for eco-friendly funding.1 source
LG Electronics and Hyundai enter the Kimchi bond market for eco-friendly mobility projects.1 source
LG Electronics and Hyundai Card join Hyundai in the Kimchi bond market for eco-friendly funding.1 source
Hyundai Card joins LG Electronics in Kimchi bond market to fund Hyundai's eco-friendly ventures.1 source
Keep exploring
The entities involved
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Hyundai Card
South Korean credit card company
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LG Electronics
South Korean multinational electronics company
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Hyundai
multinational conglomerate headquartered in Seoul
Coverage
Newest first; wire copies grouped- kenyastar.com
- nepalnational.com
- malaysiasun.com
- manilatimes.net
- australiannews.net
- thehindu.com
- newyorktelegraph.com
- greekherald.com
- sierraleonetimes.com
- middleeaststar.com
- brazilsun.com
- tucsonpost.com
- thehindubusinessline.com
- thehindubusinessline.com
- bangladeshsun.com
- austinglobe.com
- coloradostar.com
- sandiegosun.com