Suhyup Bank Proposed Drawdown Under Its US$2 Billion MTN Program Assigned 'A' Rating

HONG KONG (S&P Global Ratings) Jan. 22, 2019--S&P Global Ratings today assigned its 'A' long-term issue rating to a proposed issue of U.S. dollar-denominated senior unsecured notes under the US$2 billion medium-term note (MTN) program by Suhyup Bank (A/Stable/A-1). The issue rating is subject to our review of the final issuance documentation. The notes will be direct, general, unconditional, unsubordinated, and unsecured obligations of Suhyup Bank. They will at all times rank pari passu and without any preference among themselves. The bank intends to use the proceeds for general corporate purposes including refinancing of existing foreign currency debt. RELATED CRITERIA Criteria - Financial Institutions - General: Risk-Adjusted Capital Framework Methodology, July 20, 2017 General Criteria: Methodology For Linking Long-Term And

...HONG KONG (S&P Global Ratings) Jan. 22, 2019--S&P Global Ratings today assigned its 'A' long-term issue rating to a proposed issue of U.S. dollar-denominated senior unsecured notes under the US$2 billion medium-term note (MTN) program by Suhyup Bank (A/Stable/A-1). The issue rating is subject to our review of the final issuance documentation. The notes will be direct, general, unconditional, unsubordinated, and unsecured obligations of Suhyup Bank. They will at all times rank pari passu and without any preference among themselves. The bank intends to use the proceeds for general corporate purposes including refinancing of existing foreign currency debt. RELATED CRITERIA + Criteria - Financial Institutions - General: Risk-Adjusted Capital Framework Methodology, July 20, 2017 + General Criteria: Methodology For Linking Long-Term And Short-Term Ratings , April 7, 2017 + General Criteria: Rating Government-Related Entities: Methodology And Assumptions, March 25, 2015 + General Criteria: Group...

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