Hyundai Motor Co. is prepping its fourth U.S. auto lease securitization, according to a presale report published by Fitch Ratings.

The $671.979 2014 Hyundai Auto Lease Securitization Trust (HAST) 2014-A is backed by a pool of closed-end vehicle leases, all of which are secured by new vehicles manufactured by Hyundai  Motor Co. and its subsidiary Kia Motor Co.

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