Moody’s assigns Doosan Infracore notes Aa2

Moody’s Investors Service said it assigned an Aa2 rating to the proposed dollar-backed senior unsecured notes to be issued by Doosan Infracore Co., Ltd. and guaranteed by Korea Development Bank, which Moody’s rates Aa2.

The proceeds will be used to repay Doosan Infracore’s debt and for other general corporate purposes.

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