Home Credit Ratings and Research S&P Global Ratings’ Credit Research Korea National Oil Corp.

Korea National Oil Corp.'s Australian Dollar-Denominated Senior Unsecured Bonds Rated 'A+'

Published Sep 29, 2014

923 words — Published Sep 29, 2014

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Abstract:

HONG KONG (Standard&Poor's) Sept. 29, 2014--Standard&Poor's Ratings Services today assigned its 'A+' rating to Korea National Oil Corp.'s (KNOC; foreign currency A+/Positive/--; local currency AA-/Stable/--) A$350 million domestic fixed and floating-rate senior unsecured bonds maturing Oct. 8, 2019, issued under the company's existing A$2.5 billion Australian domestic debt issuance program. The proceeds of the bond issue are for general corporate purposes. The rating 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 A Korean-language version of this media release is available via spratings.co.kr, or via Standard&Poor's CreditWire Korea on Bloomberg Professional at SPCK. Complete

Brief Excerpt:

RESEARCH Korea National Oil Corp.'s Australian Dollar-Denominated Senior Unsecured Bonds Rated 'A+' Publication date: 29-Sep-2014 Primary Credit Analyst: Yun, Cj, Hong Kong +852-2533-3503; cj.yun@standardandpoors.com Secondary Contact:...

Report Type:

Ratings Action

Ticker

KNOCPZ@KS

Issuer

Korea National Oil Corp.

GICS

Oil & Gas Exploration & Production (10102020)

Sector

Global Issuers

Country

Korea

Region

Emerging Markets

Format:

HTML

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MLA:	S&P Global Ratings’ Credit Research. "Korea National Oil Corp.'s Australian Dollar-Denominated Senior Unsecured Bonds Rated 'A+'" Sep 29, 2014. Alacra Store. May 24, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Korea-National-Oil-Corp-s-Australian-Dollar-Denominated-Senior-Unsecured-Bonds-Rated-A-1361540>

APA:	S&P Global Ratings’ Credit Research. (). Korea National Oil Corp.'s Australian Dollar-Denominated Senior Unsecured Bonds Rated 'A+' Sep 29, 2014. New York, NY: Alacra Store. Retrieved May 24, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Korea-National-Oil-Corp-s-Australian-Dollar-Denominated-Senior-Unsecured-Bonds-Rated-A-1361540>

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