Paul Hastings Advises on Hyundai Capital Services’ Inaugural Issuance of €500 Million Senior Notes

Paul Hastings LLP acted as the sole international counsel to joint lead managers in connection with Hyundai Capital Services Inc.’s inaugural issuance of €500 million 2.861% senior notes due 2029 under its $10 billion Global Medium Term Note Program. The transaction closed on Jan. 21, 2026. The offering was conducted in reliance on Regulation S of the U.S. Securities Act of 1933, as amended, and the notes were dual-listed on Singapore Exchange Securities Trading Limited and Frankfurt Stock Exchange in the Open Market.

Crédit Agricole Corporate and Investment Bank, ING Bank N.V., The Hongkong and Shanghai Banking Corporation Limited, Merrill Lynch International and MUFG Securities Asia Limited acted as the joint lead managers.

Paul Hastings also assisted Hyundai Capital Services Inc. and dealers with the update of the company’s $10 billion Global Medium Term Note Program, which was completed on Jan. 8, 2026.

Hyundai Capital Services Inc. is a leading provider of consumer financial services ranging from automotive financing and leasing to personal loans. It is a member company of the Hyundai Motor Group and operates as the primary auto financing arm of Hyundai Motor Company and Kia Corporation.

Partner Iksoo Kim led the Paul Hastings team, which also included associate Sye Myung Kim, and attorneys David Park and Hee Jin Woo.

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