Adam Smith Awards Winner – Top Treasury Team 2015
HCA embarked upon a multi-year strategic plan which mapped out a new organisational structure spanning eight domains of expertise ranging from treasury operations and cash management to investor relations, exposure and risk management – a truly remarkable journey of transformation.
Hyundai Capital America (HCA) is a top ten auto lender. While initially HCA relied on low-cost asset backed securities (ABS) and attractive bank lending facilities to fund the lion’s share of its funding needs, asset growth propelled HCA’s balance sheet from $5bn in 2009 to close to $20bn by the end of 2012. Eric Senay and Frank Boroch share the key elements of HCA Treasury’s work including diversification of funding channels to support business expansion, deepening of liquidity sources to soundly manage the inherent volatility in the business, de-risking of the balance sheet through sophisticated liability management, reduction of interest expenses through improved financial community management and optimisation of funding instruments, and enhancement of flexibility for the business to finance incremental asset classes.
This webinar is held on Wednesday 13th April 2016.