HONG KONG (Standard&Poor's) Sept. 22, 2015--Standard&Poor's Ratings Services today said it has assigned its 'AA-' rating to Korea National Oil Corp.'s (KNOC; AA-/Stable/--) proposed U.S. dollar-denominated senior unsecured bonds. The bonds are to be drawn down from KNOC's global medium-term note program, for which the program limit was increased to US$9 billion from US$8 billion. The rating on the program remains 'AA-'. The proceeds of the bond issue are for general corporate purposes. The rating on the bond issue is subject to our review of final documentation. RELATED CRITERIA AND RESEARCH Related Criteria Corporate Methodology, Nov. 19, 2013 2008 Corporate Criteria: Rating Each Issue, April 15, 2008 Related Research Korea National Oil Corp., Nov. 27, 2014
