Republic of Korea's Proposed Bonds Assigned 'AA' Rating

SINGAPORE (S&P Global Ratings) June 12, 2019--S&P Global Ratings today assigned its 'AA' long-term foreign currency rating to the U.S.-dollar-denominated senior unsecured bonds issued by the Republic of Korea (AA/Stable/A-1+). The notes represent direct, general, unconditional, as well as unsubordinated obligations of the sovereign and rank equally with the sovereign's other unsecured and unsubordinated debt obligations. Related Criteria General Criteria: Methodology For Linking Long-Term And Short-Term Ratings , April 7, 2017 ARCHIVE - Criteria - Governments - Sovereigns: Sovereign Rating Methodology, Dec. 23, 2014 General Criteria: Use Of CreditWatch And Outlooks, Sept. 14, 2009 General Criteria: Methodology: Criteria For Determining Transfer And Convertibility Assessments, May 18, 2009

...SINGAPORE (S&P Global Ratings) June 12, 2019--S&P Global Ratings today assigned its '##' long-term foreign currency rating to the U.S.-dollar-denominated senior unsecured bonds issued by the Republic of Korea (##/Stable/A-1+). The notes represent direct, general, unconditional, as well as unsubordinated obligations of the sovereign and rank equally with the sovereign's other unsecured and unsubordinated debt obligations. Related Criteria + General Criteria: Methodology For Linking Long-Term And Short-Term Ratings , April 7, 2017 + ARCHIVE - Criteria - Governments - Sovereigns: Sovereign Rating Methodology, Dec. 23, 2014 + General Criteria: Use Of CreditWatch And Outlooks, Sept. 14, 2009 + General Criteria: Methodology: Criteria For Determining Transfer And Convertibility Assessments, May 18, 2009 Certain terms used in this report, particularly certain adjectives used to express our view on rating relevant factors, have specific meanings ascribed to them in our criteria, and should therefore...

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