Hyundai Auto Receivables Trust 2021-C Files ABS-EE Form with SEC (0001888347)
Hyundai Auto Receivables Trust 2021-C, a subsidiary of Hyundai Motor Company, recently filed Form ABS-EE with the Securities and Exchange Commission. This filing is significant as it indicates the company’s intention to securitize a pool of auto receivables, which are essentially loans made to customers for purchasing Hyundai vehicles. By securitizing these receivables, Hyundai Auto Receivables Trust 2021-C can raise funds by selling securities backed by the cash flows from these loans, providing liquidity for the company to issue more loans and further grow its business.
Hyundai Motor Company is a leading global automotive manufacturer headquartered in South Korea. Known for its innovative designs and reliable vehicles, Hyundai has a strong presence in markets around the world. The company offers a wide range of vehicles, including sedans, SUVs, and electric cars, catering to diverse customer needs. To learn more about Hyundai Motor Company, visit their official website at https://www.hyundai.com.
Form ABS-EE is a filing with the SEC that is submitted by issuers of asset-backed securities to disclose information about the offerings. This form provides details about the assets backing the securities, the structure of the transaction, and other relevant information for investors. By filing Form ABS-EE, Hyundai Auto Receivables Trust 2021-C is ensuring transparency and compliance with regulations as it moves forward with its securitization process.
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Hyundai Auto Receivables Trust 2021-C (0001888347) Files ABS-EE SEC Form: What You Need to Know
