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Prospect News home > News index > List of issuers K > Headlines for Korea Expressway Corp. > News item |
Moody's ups Korea Expressway to A2
Moody's Investors Service said it upgraded to A2 from A3 the foreign-currency senior unsecured debt rating of Korea Expressway Corp.
This action follows Moody's decision to upgrade to A2 from A3 the South Korean government's long-term foreign-currency and local-currency ratings.
The outlook is stable.
As a government-related issuer, the company's rating incorporates a high level of government support in a stress situation, Moody's said.
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