SINGAPORE (S&P Global Ratings) Oct. 15, 2025--S&P Global Ratings today assigned its 'AA' long-term foreign currency issue rating to the U.S. dollar-denominated senior unsecured notes that South Korea proposes to issue. The notes represent direct, general, unconditional, and unsubordinated external indebtedness of the sovereign (AA/Stable/A-1+). They rank equally with the sovereign's other unsubordinated external indebtedness. General Criteria: Environmental, Social, And Governance Principles In Credit Ratings , Oct. 10, 2021 Criteria Governments Sovereigns: Sovereign Rating Methodology , Dec. 18, 2017 General Criteria: Methodology For Linking Long-Term And Short-Term Ratings , April 7, 2017 General Criteria: Principles Of Credit Ratings , Feb. 16, 2011 General Criteria: Methodology: Criteria For Determining Transfer And Convertibility Assessments , May 18, 2009
