HONG KONG (Standard&Poor's) Feb. 1, 2016--Standard&Poor's Ratings Services today said it has assigned its 'AA-' rating to Korea National Oil Corp.'s (KNOC; AA-/Stable/--) proposed Australian-dollar senior unsecured bonds. The bonds are to be drawn from KNOC's 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 Related Research Korea National Oil Corp., Nov. 25, 2015 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