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Published on 2/6/2024 in the Prospect News Canadian Bonds Daily, Prospect News Emerging Markets Daily, Prospect News Green Finance Daily and Prospect News Investment Grade Daily.

Moody’s stabilizes Hyundai Canada view

Moody's Investors Service said it upgraded the long-term senior unsecured and long-term issuer ratings of Hyundai Capital Canada, Inc. to A3 from Baa1 and changed the outlook to stable from positive.

The upgrade and stable outlook follow similar actions on the ratings of Hyundai Capital Canada's ultimate parent company Hyundai Motor Co., the agency said.


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