Thu, Mar 13, 7:45 PM (45 days ago)
**Hyundai Auto Receivables Trust 2024-C (HYUNDAI ABS FUNDING, LLC)** **Financial Performance:** - The filing does not provide specific financial metrics such as revenue, net income, operating expenses, or earnings per share. **Strategic Overview:** - The trust focuses on managing auto receivables, with Citibank, N.A. serving as the Indenture Trustee. The trust manages a variety of asset-backed securities, including auto loans and leases. **Future Outlook:** - The trust aims to continue managing its asset pool effectively, with no material legal proceedings or compliance issues reported. **Risk Factors:** - No specific risk factors are detailed in the provided document. **Financial Condition:** - The trust is managed by Citibank, N.A., which oversees over $8 trillion in fixed income and equity investments. **Market Position Changes:** - The trust is part of a larger ecosystem managed by Hyundai Capital America, focusing on auto receivables and related assets. **Key Points:** - Hyundai Auto Receivables Trust 2024-C is managed by Hyundai ABS Funding, LLC, with Hyundai Capital America as the sponsor and servicer. - Citibank, N.A. acts as the Indenture Trustee, managing a significant portfolio of asset-backed securities. - The trust has no material legal proceedings or compliance issues, indicating a stable financial condition. - The trust's strategic focus is on managing auto receivables and related assets effectively.