Yonhap Infomax NewsS&P Global assigns 'AA' rating to Korea National Oil Corporation's dollar bonds, matching sovereign rating on expectation of government support, though debt-to-EBITDA ratio expected to remain elevated at 10-11 times through 2027 despite oil price gains from Middle East tensions
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S&P Assigns 'AA' Credit Rating to Oil Corporation's Dollar Bonds
S&P Global assigns 'AA' rating to Korea National Oil Corporation's dollar bonds, matching sovereign rating on expectation of government support, though debt-to-EBITDA ratio expected to remain elevated at 10-11 times through 2027 despite oil price gains from Middle East tensions