Korean Credit Rating
NICE Investors Service
AA+
Korea Ratings
AA+
Korea Investors Service
AA+
NICE Investors Service
AA+
Korea Ratings
AA+
Korea Investors Service
AA+
NICE Investors Service
AA+
Korea Ratings
AA+
Korea Investors Service
AA+
NICE Investors Service
AA-
Korea Ratings
AA-
Korea Investors Service
AA-
Korean credit rating definition
| Credit Rating | Definition |
|---|---|
| AAA | The highest level of capacity of the obligor to honor its financial commitment on the obligation |
| AA | A very high level of capacity to honor the financial commitment on the obligation but lower than AAA rating |
| A | Subject to economic conditions |
| BBB | An adequate level of capacity to honor the financial commitment on the obligation. However, this capacity is more likely to diminish in the future than in cases of the higher rating categories. |
| BB | Although the level of capacity to honor the financial commitment on the obligation is not considered problematic at present, this capacity may not persist in the future. |
| B | A low level of capacity to honor the financial commitment on the obligation, having cause for concern. |
| CCC | There are factors of uncertainty that the financial commitment on the obligation will be honored, and a possibly of default. |
| CC | A high default risk |
| C | A very high default risk |
| D | In default |
International Credit Rating
Evaluation company
Moody’s
Long-term
A3
Short-term
Prime-2(P-2)
Outlook
Stable
Evaluation company
Moody’s
Long-term
A3
Short-term
Prime-2(P-2)
Outlook
Stable
International credit rating definition
| Long-term credit rating | Content of credit rating | Short-term credit rating | Content of credit rating | |
|---|---|---|---|---|
| Investment grade | Aaa | Rated as the highest quality and lowest credit risk | P-1(Prime -1) | Rated as high quality and very low credit risk. circumstances |
|
Aa1 Aa2 Aa3 |
Rated as high quality and very low credit risk. circumstances | P-2(Prime -2) | High ability to repay short term debt | |
|
A1 A2 A3 |
Rated as upper-medium grade and low credit risk | P-3(Prime -3) | Acceptable ability to repay short term debt | |
|
Baa1 Baa2 Baa3 |
Rated as medium grade, with some speculative elements and moderate credit risk | |||
| Junk status |
Ba1 Ba2 Ba3 |
Judged to have speculative elements and a significant credit risk | NP(Not Prime) | Do not fall within any of the prime categories |
|
B1 B2 B3 |
Judged as being speculative and a high credit risk | |||
|
Caa1 Caa2 Caa3 |
Rated as poor quality and very high credit risk | |||
| Ca | Judged to be highly speculative and with likelihood of being near or in default, but some possibility of recovering principal and interest | |||
| C | Rated as the lowest quality, usually in default and low likelihood of recovering principal or interest | |||