S&P Publishes Credit FAQ On Korean Oil Refiners? Cuts To Domestic Petroleum Prices And Their Ratings Implications - S&P Global Ratings’ Credit Research

S&P Publishes Credit FAQ On Korean Oil Refiners? Cuts To Domestic Petroleum Prices And Their Ratings Implications

S&P Publishes Credit FAQ On Korean Oil Refiners? Cuts To Domestic Petroleum Prices And Their Ratings Implications - S&P Global Ratings’ Credit Research
S&P Publishes Credit FAQ On Korean Oil Refiners? Cuts To Domestic Petroleum Prices And Their Ratings Implications
Published Apr 19, 2011
1020 words — Published Apr 19, 2011
Price US$ 150.00  |  Buy this Report Now

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Abstract:

HONG KONG (Standard&Poor's) April 19, 2011--Standard&Poor's Rating Services said in a Credit FAQ published today that cuts to domestic gasoline and diesel prices that Korean oil refining and marketing (R&M) companies announced this month are not expected to result in any ratings changes or outlook revisions for rated companies. Leading Korean oil refining and marketing (R&M) company SK Innovation Co. Ltd. (SK Innovation; BBB/Stable/--) on April 3, 2011, announced a plan to lower domestic gasoline and diesel sales prices by Korean won (KRW) 100 per liter for the next three months--about a 5% cut to current retail prices. Shortly thereafter, Korea's three other refiners, GS Caltex Corp. (GS Caltex; BBB/Stable/A-2), S-Oil Corp. (S-Oil; BBB/Stable/--), and Hyundai

  
Brief Excerpt:

RESEARCH S&P Publishes Credit FAQ On Korean Oil RefinersaÇÖ Cuts To Domestic Petroleum Prices And Their Ratings Implications Publication date: 19-Apr-2011 Primary Credit Analyst: Sangyun Han, Hong Kong (852) 2533-3526; sangyun_han@standardandpoors.com...

  
Report Type:

News

Ticker
096770@KS
Issuer
SK Innovation Co. Ltd.
GICS
Oil & Gas Refining & Marketing (10102030)
Sector
Global Issuers, Structured Finance
Country
Korea
Region
Emerging Markets
Format:
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Buy Now

SK Innovation Co. Ltd. – 2011/05/11 – US$ 500.00

Summary: SK Innovation Co. Ltd. – 2011/05/11 – US$ 225.00

Summary: SK Innovation Co. Ltd. – 2011/09/28 – US$ 225.00

Summary: SK Innovation Co. Ltd. – 2012/03/22 – US$ 225.00

SK Innovation Co. Ltd. – 2012/05/07 – US$ 500.00

Summary: SK Energy Co. Ltd. – 2010/11/21 – US$ 225.00

SK Energy Co. Ltd. – 2010/05/10 – US$ 500.00

Summary: SK Energy Co. Ltd. – 2010/05/10 – US$ 225.00

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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "S&P Publishes Credit FAQ On Korean Oil Refiners? Cuts To Domestic Petroleum Prices And Their Ratings Implications" Apr 19, 2011. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/S-P-Publishes-Credit-FAQ-On-Korean-Oil-Refiners-Cuts-To-Domestic-Petroleum-Prices-And-Their-Ratings-Implications-861570>
  
APA:
S&P Global Ratings’ Credit Research. (). S&P Publishes Credit FAQ On Korean Oil Refiners? Cuts To Domestic Petroleum Prices And Their Ratings Implications Apr 19, 2011. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/S-P-Publishes-Credit-FAQ-On-Korean-Oil-Refiners-Cuts-To-Domestic-Petroleum-Prices-And-Their-Ratings-Implications-861570>
  
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