Hyundai Capital America has upped the credit quality of receivables in its latest offering of $979.27 million in notes backed by auto leases, according to a presale report from Moody’s Investors Service.

The transaction, Hyundai Auto Receivables Trust 2017-B, features four senior tranches all rated triple-A, an unrated $209 million money market tranche, and two subordinate tranches for a combined $54 million. All but one of the tranches will pay a fixed rate of interest, with the class-A2 notes paying a floating rate of interest indexed to LIBOR.

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