Korea National Oil Corp.'s Proposed U.S. Dollar Senior Unsecured Bonds Rated 'AA-' - S&P Global Ratings’ Credit Research

Korea National Oil Corp.'s Proposed U.S. Dollar Senior Unsecured Bonds Rated 'AA-'

Korea National Oil Corp.'s Proposed U.S. Dollar Senior Unsecured Bonds Rated 'AA-' - S&P Global Ratings’ Credit Research
Korea National Oil Corp.'s Proposed U.S. Dollar Senior Unsecured Bonds Rated 'AA-'
Published Apr 05, 2016
3 pages (947 words) — Published Apr 05, 2016
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Abstract:

HONG KONG (Standard&Poor's) April 5, 2016--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 its US$9 billion global medium-term note program. 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. 25, 2015 A Korean-language version of this media release is available via spratings.co.kr, or via Standard&Poor's CreditWire Korea

  
Brief Excerpt:

...HONG KONG (Standard & Poor's) April 5, 2016--Standard & Poor's Ratings Services today said it has assigned its '##-' rating to Korea National Oil Corp.'s (KNOC; ##-/Stable/--) proposed U.S. dollar-denominated senior unsecured bonds. The bonds are to be drawn down from its US$9 billion global medium-term note program. 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. 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

  
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:
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MLA:
S&P Global Ratings’ Credit Research. "Korea National Oil Corp.'s Proposed U.S. Dollar Senior Unsecured Bonds Rated 'AA-'" Apr 05, 2016. Alacra Store. May 24, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Korea-National-Oil-Corp-s-Proposed-U-S-Dollar-Senior-Unsecured-Bonds-Rated-AA-1608833>
  
APA:
S&P Global Ratings’ Credit Research. (). Korea National Oil Corp.'s Proposed U.S. Dollar Senior Unsecured Bonds Rated 'AA-' Apr 05, 2016. New York, NY: Alacra Store. Retrieved May 24, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Korea-National-Oil-Corp-s-Proposed-U-S-Dollar-Senior-Unsecured-Bonds-Rated-AA-1608833>
  
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