debt
confidence high
sentiment neutral
materiality 0.50
Hyundai Auto Receivables Trust 2025-B closes $2.2B auto loan securitization
HYUNDAI ABS FUNDING LLC
- Issued $2,188,239,332.38 in notes backed by retail auto loan contracts on June 11, 2025.
- Notes include Class A-1, A-2-A, A-2-B, A-3, A-4, B, and C tranches.
- Receivables purchase agreement among Hyundai Capital America, Hyundai ABS Funding, and the trust.
- Citibank acts as indenture trustee; Clayton Fixed Income Services as asset representations reviewer.
- Transaction is a standard ABS issuance for Hyundai's captive auto finance business.
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