Annual Results (past three years)

Performance

Key Indicators (consolidated)

Rating Agency 2020 2021 2022
NICE Investors Service A+ A+ A+
Korea Ratings A+ A+ A+
Korea Investors Service A+ A+ A+

Ratings Definitions

Ratings Definitions

AAA

Extremely strong capacity to repay principal and interest with minimal credit risk; highly unlikely to be adversely affected by foreseeable changes in circumstances

AA

Very strong capacity to repay principal and interest with very low credit risk, but slightly weaker than AAA

A

Strong capacity to repay principal and interest with low credit risk, but somewhat susceptible to sudden changes in circumstances

BBB

Adequate capacity to repay principal and interest, but more susceptible to sudden changes in circumstances

BB

Minimum capacity to repay principal or interest; may possess speculative characteristics for long-term investment

B

Inadequate capacity to repay principal and interest; no prediction can be made for long-term credit risk

CCC

Vulnerable to non-payment of principal or interest and highly speculative

CC

Highly vulnerable to non-payment of principal or interest and riskier than CCC

C

Default imminent with no signs of recovery

D

Principal or interest payment in default

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