| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers K > Headlines for Korea National Oil Corp. > News item |
Moody's ups Korea National Oil
Moody's Investors Service said it upgraded Korea National Oil Corp.'s issuer rating and senior unsecured rating to A1 from A2.
The outlook is stable.
The upgrade follows the upgrade of South Korea's government bond ratings to A1 from A2, Moody's said.
The company is a government-related issuer and is driven by the high support from its 100% shareholder, the South Korean Government, in a stress situation, the agency said.
The outlook is stable, consistent with the outlook on the Korean sovereign rating, Moody's said.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.