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
#YonhapInfomax #SPGlobal #KoreaNationalOilCorporation #CreditRating #DollarBonds #DebttoEBITDA #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=110648
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
Haitai Confectionery Bond Offering Draws Strong Demand at 26bp Under Amid Rate Volatility
Haitai Confectionery & Foods attracts 142 billion won in orders for 40 billion won bond offering at 26bp under benchmark, with proceeds earmarked for private bond redemption on March 27th
SK Hynix receives second consecutive credit rating upgrade to 'AA+' from NICE Investors Service, driven by AI infrastructure boom and HBM market dominance, with debt ratio plunging from 87.5% to 45.9% as only Korea Ratings remains to follow suit in upcoming assessment.
#YonhapInfomax #SKHynix #CreditRating #NICEInvestorsService #HighBandwidthMemory #DebtRatio #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=108301
SK Hynix Credit Rating at 'AA+' - Only One Agency Left Behind
SK Hynix receives second consecutive credit rating upgrade to 'AA+' from NICE Investors Service, driven by AI infrastructure boom and HBM market dominance, with debt ratio plunging from 87.5% to 45.9% as only Korea Ratings remains to follow suit in upcoming assessment.
BC Card's financial uncertainty significantly eased as K Bank's IPO completion eliminates up to KRW920 billion contingent liability risk, though maintaining stable revenue base remains crucial for future credit rating direction amid card industry challenges.
#YonhapInfomax #BCCard #KBank #IPO #ContingentLiability #CreditRating #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=107496Moody's has maintained SK Innovation's credit rating at 'Ba1' with a 'Negative' outlook, citing ongoing financial weakness despite expected improvements in leverage and EBITDA, as the company pursues asset sales and cost reductions in its battery business.
#YonhapInfomax #SKInnovation #Moodys #CreditRating #NetDebtToEBITDA #BatteryBusiness #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=107288Lotte Corp. returns to the public bond market after a two-year hiatus, aiming to shift from short-term CP to longer-term debt amid lingering concerns over petrochemical weakness and capital needs for Lotte Biologics.
#YonhapInfomax #LotteCorp #CorporateBond #CreditRating #CommercialPaper #LotteBiologics #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=106419
Lotte Corp. Returns to Public Bond Market After Two Years—Testing Move to Reduce CP Reliance
Lotte Corp. returns to the public bond market after a two-year hiatus, aiming to shift from short-term CP to longer-term debt amid lingering concerns over petrochemical weakness and capital needs for Lotte Biologics.
S-Oil Enters Earnings Recovery Phase—Credit Outlook Turns Positive
S-Oil Corp. posted a sharp rebound in Q4 earnings, prompting a credit rating upgrade as improved refining and petrochemical margins signal a positive outlook for 2024.
Standard & Poor’s placed Hanwha TotalEnergies’ ‘BBB-’ credit rating on negative watch, citing persistent global oversupply, weak earnings outlook, and intensifying competition, with a downgrade possible if performance fails to improve.
#YonhapInfomax #HanwhaTotalEnergies #SP #CreditRating #PetrochemicalIndustry #NegativeWatch #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=105855
S&P Places Hanwha TotalEnergies’ ‘BBB-’ Credit Rating on Negative Watch
Standard & Poor’s placed Hanwha TotalEnergies’ ‘BBB-’ credit rating on negative watch, citing persistent global oversupply, weak earnings outlook, and intensifying competition, with a downgrade possible if performance fails to improve.
'A0' Korea Kolmar Secures Orders 11 Times Target in Corporate Bond Bookbuilding
Korea Kolmar Co. attracted orders 11 times its target in a corporate bond bookbuilding, raising up to 575 billion won ($430 million) amid strong investor demand.
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