Moody’s affirms Hyundai Capital America

Moody's Investors Service said it affirmed the Baa1 senior unsecured and P-2 ratings of Hyundai Capital America.

The outlook is negative.

The ratings of Hyundai Capital America reflect the implicit and explicit support from its ultimate parent, Hyundai Motor Co. (Baa1, negative), the agency said.

Moody's said its analysis also considers the standalone credit profile of Hyundai Capital America, which it considers to be b1.

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