The Hyundai Auto Receivables Trust finally came to market last week, with key changes that boosted its ratings and lowered initial and target credit enhancement for its class A notes.

The changes garnered the deal strong pricing, even as credit remains tight in the structured finance market, according to people familiar with the deal. Unlike previous HART transactions, which included a senior/subordinate structure, the 2007-A series consists solely of class A notes.

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