Financial Information
Corporate bond
AA
Korea Ratings
corporate credit rating
AA
NICE Information Service

Credit rating system

The detailed rating with “+”, “0” or “-” is assigned from AA to CCC.

Corporate bond

AAA
Capacity for payment of financial commitments is exceptionally strong, and highly unlikely to be adversely affected by foreseeable changes in circumstances.
AA
Capacity for payment of financial commitments is very strong, and less likely to be adversely affected by foreseeable changes in circumstances.
A
Capacity for payment of financial commitments is strong, but more likely to be adversely affected by foreseeable changes in circumstances than above ratings.
BBB
Capacity for payment of financial commitments is adequate, but more likely to decline by foreseeable changes in circumstances.
BB
Capacity for payment of financial commitments is considered adequate, but has speculative characteristics.
B
Capacity for payment of financial commitments is lacking and speculative, and its future stability is uncertain.
CCC
Capacity for payment of financial commitments contains a high possibility of default.
CC
Capacity for payment of financial commitments contains a very high possibility of default.
C
Capacity for payment of financial commitments contains an extremely high possibility of default.
D
Payment default on financial commitments.
R
Reservation for credit rating from financial statements with less than one year or a sudden change of management.

corporate credit rating

AAA
The company has the extreme credit capability for commercial transactions, and retains an excellent dealing ability with the changes in circumstances.
AA
The company has the excellent credit capability for commercial transactions and retains and appropriate dealing ability with the changes in circumstances.
A
The company has the good credit capability for commercial transactions and retains a limited dealing ability with the changes in circumstances.
BBB
The company has the good credit capability for commercial transactions, but lowly exposed on possible credit risk in changes in circumstances.
BB
The company has the average credit capability for commercial transactions and normally exposed on possible credit risk in changes in circumstances.
B
The company has the average credit capability for commercial transactions and highly exposed on possible credit risk in changes in circumstances.
CCC
The company has under the average credit capability for commercial transactions and needs caution for the deterioration of the transaction stability.
CC
The company has poor credit capability for commercial transactions and the stability of the transactions is low.
C
The company has the worst credit capability for commercial transactions, and needs and extreme caution for the deterioration of the transaction stability.
D
The company currently has actual credit risk or is in a state equivalent to credit risk.
R
Reservation for credit rating from financial statements with less than one year or a sudden change of management.