Doosan Infracore#s Proposed Bonds Guaranteed By Korea Development Bank Rated #AA#

Stocks and Financial Services Press Releases Friday November 11, 2016 16:09
HONG KONG--11 Nov--S&P Global Ratings

HONG KONG (S&P Global Ratings) Nov. 11, 2016--S&P Global Ratings today assigned its 'AA' issue rating to proposed senior unsecured bonds by Doosan Infracore Co. Ltd. (unrated). The issuance is guaranteed by Korea Development Bank (KDB: foreign currency AA/Stable/A-1+; local currency --/--/A-1+). The rating is subject to our review of final documentation.

The equalization of the issue rating with the rating on KDB reflects our view that the guarantee is irrevocable and unconditional. We view it as a guarantee for timely payment, and therefore the issuance qualifies for rating substitution treatment.


Latest Press Release

KTC’s Board of Directors passed a resolution to postpone its 2020 Annual General Shareholder's Meeting.

Mr. Rathian Srimongkol, President & Chief Executive Officer, “KTC” or Krungthai Card Public Company Limited, states, “Today (March 30, 2020) the firm’s Board of Directors observed that the situation of the circumstances for...

PTT postpones the 2020 Annual General Meeting of Shareholders(“AGM”) and approves the interim dividend payment to help prevent the spread of COVID-19

Mr.Chansin Treenuchagron, President & CEO of PTT Public Company Limited (PTT) revealed the resolutions of PTT’s Board of Directors on the Special Meeting No 1/2020 held on March 26, 2020 to postpone the 2020 Annual General Meeting of...

Slimconcept is signing MOU to raise funds in the London Stock Exchange

Ms. Punnapa Techarojkul, the Chief Executive Officer of Slim Concept Corporation Company Limited (SCC) and the executive of the leading health and beauty business under the name of Slim Concept and Mariza Clinic, revealed that according to the figures of...

PTT Exploration and Production Public Company Limited Announcement The postponement of the Annual General Meeting of Shareholders for the year 2020

PTT Exploration and Production Public Company Limited or PTTEP refers to the resolutions to hold the 2020 Annual General Meeting of Shareholders (AGM) on Monday 30 March 2020 at 14:00hrs., which the venue was changed to The Synergy Hall, 6th Floor,...

PwC named a Leader in the IDC MarketScape for Worldwide Risk Consulting Services

According to client feedback and IDC MarketScape evaluation, PwC is seen to excel at adapting to changing requirements to the risk consulting business model. PwC has been named as a Leader in the IDC MarketScape: Worldwide Risk Consulting Services 2019...

Related Topics