KLA Corp. Assigned New Management And Governance Modifier Assessment, Ratings Unchanged

We have assigned a new management and governance (M&G) assessment of positive to KLA Corp. The assignment of the M&G assessment follows publication of S&P Global Ratings' revised criteria for evaluating the credit risks presented by an entity's M&G framework. (See "Management And Governance Credit Factors For Corporate Entities," published Jan. 7, 2023). Our ratings on KLA Corp., including our 'A-' issuer credit rating, remain unchanged following the assignment of the new M&G assessment. NEW YORK (S&P Global Ratings) Jan. 23, 2024—S&P Global Ratings today took the rating actions listed above. S&P Global Ratings today assigned a new M&G modifier assessment of positive to KLA Corp. The action follows the revision to our criteria for evaluating the credit risks presented

...January 23, 2024 - We have assigned a new management and governance (M&G) assessment of positive to KLA Corp. - The assignment of the M&G assessment follows publication of S&P Global Ratings' revised criteria for evaluating the credit risks presented by an entity's M&G framework. (See "Management And Governance Credit Factors For Corporate Entities," published Jan. 7, 2023). - Our ratings on KLA Corp., including our 'A-' issuer credit rating, remain unchanged following the assignment of the new M&G assessment. NEW YORK (S&P Global Ratings) Jan. 23, 2024--S&P Global Ratings today took the rating actions listed above. S&P Global Ratings today assigned a new M&G modifier assessment of positive to KLA Corp. The action follows the revision to our criteria for evaluating the credit risks presented by an entity's management and governance framework. The terms management and governance encompass the broad range of oversight and direction conducted by an entity's owners, board representatives, and...

Ratings Action