motors

Japanese arm hires new head of marketing and structured products.

30-year veteran of the firm to replace the relocating John Steed.

Second Indian auto parts manufacturer accesses convertible bond market.

He will spearhead RefcoNet, the direct market electronic trading platform.

The fourth quarter pipeline continues to slowly unfold as Hyundai Motors mandates a second bond and Kexim launches roadshows.

The Korean auto manufacturer has redeemed an exchangeable with an unusual eurobond.

A tightly priced dollar issue by Kia Motors has set a precedent for the non-investment grade sector in Korea.

Roadshows for a debut $200 million euro-144a issue are expected to start next week.

Hyundai founder Chung Ju Yung has bowed to government pressure and sold a 6.1% stake in Hyundai Motors. There are concerns Chung still controls the shares.