The Korea-U.S. Strategic Investment Corporation has received credit ratings equivalent to those of the South Korean government from international credit rating agencies Moody's and Standard & Poor's (S&P).
According to the Ministry of Economy and Finance on October 26, the corporation was rated 'Aa2 (Stable)' by Moody's and 'AA (Stable)' by S&P. This marks the first evaluation since the corporation's establishment, with both agencies assigning ratings on par with the South Korean government's.
Both credit rating agencies determined that the corporation is a policy finance institution established under special legislation to facilitate strategic investments between South Korea and the United States. They cited its significant policy role at the national level and its close relationship with the government as key factors in their assessments.
Notably, the corporation's full government funding and its management and oversight systems were considered crucial elements in the evaluation. Based on this, the long-term credit rating was assigned at the same level as the government, with a 'Stable' outlook.
A corporation official stated, 'We expect that obtaining this international credit rating will secure our credibility in the international financial market and lay the groundwork for stable funding through future issuance of Korea-U.S. strategic investment bonds.'
* This article has been translated by AI.
Copyright ⓒ Aju Press All rights reserved.