HONG KONG (S&P Global Ratings) Oct. 17, 2016--S&P Global Ratings 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 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 Criteria - Corporates - General: Methodology And Assumptions: Liquidity Descriptors For Global Corporate Issuers - December 16, 2014 Criteria - Corporates - Industrials: Key Credit Factors For The Oil And Gas Exploration And Production Industry - December 12, 2013 General Criteria: Methodology For