Credit Rating - View Hyosung's credit rating, as evaluated by external auditing agencies.

NOW CREDIT RATINGS - Corporate Bond A+ Commercial Paper A2+

The credit rating scale is the standard 2016. (NICE, KIS, KR)

Securities and other evaluation objects Current Rating Rating Agency Last Evaluation Date Section
Corporate Bond A+ KR Jun.14.2013 Bond Rating
A+ KIS Jun.25.2013 Bond Rating
A+ NICE Jun.28.2013 Bond Rating
A KIS Dec.27.2013 Bond Rating
A KIS Dec.31.2013 Bond Rating
A KIS Jun.30.2014 Bond Rating
A NICE Jun.30.2014 Bond Rating
A KIS Feb.05.2015 Bond Rating
A KIS Jun.02.2015 Bond Rating
A NICE Jun.04.2015 Bond Rating
A NICE Jun.12.2015 Bond Rating
A KIS Jun.12.2015 Bond Rating
A KIS Mar.25.2016 Bond Rating
A NICE Apr.06.2016 Bond Rating
A+ KIS Nov.21.2016 Bond Rating
A+ KIS Dec.16.2016 Bond Rating
A+ NICE Nov.21.2016 Bond Rating
A+ NICE Dec.16.2016 Bond Rating
A+ KIS May.11.2017 Bond Rating
A+ NICE May.12.2017 Bond Rating
A+ KIS Mar.05.2018 Bond Rating
A+ NICE Mar.05.2018 Bond Rating
Commercial Paper A2+ KR Jun.14.2013 Bond Rating
A2+ KIS Jun.25.2013 Bond Rating
A2+ NICE Jun.28.2013 Bond Rating
A2 KIS Dec.27.2013 Bond Rating
A2 KR Dec.27.2013 Bond Rating
A2 NICE Dec.31.2013 Bond Rating
A2 KIS Jun.30.2014 Bond Rating
A2 NICE Jun.30.2014 Bond Rating
A2 KR Jun.30.2014 Bond Rating
A2 KR Dec.19.2014 Bond Rating
A2 KIS Dec.23.2014 Bond Rating
A2 NICE Jun.12.2015 Bond Rating
A2 KIS Jun.12.2015 Bond Rating
A2 KR Jun.30.2015 Bond Rating
A2 KIS Dec.22.2015 Bond Rating
A2 KR Dec.24.2015 Bond Rating
A2 KR Dec.29.2015 Bond Rating
A2 KR May.12.2016 Bond Rating
A2 NICE May.13.2016 Bond Rating
A2+ KR Nov.21.2016 Bond Rating
A2+ NICE Nov.21.2016 Bond Rating
A2+ KIS May.11.2017 Bond Rating
A2+ NICE May.12.2017 Bond Rating
A2+ KIS Dec.14.2017 Bond Rating
A2+ NICE Dec.26.2017 Bond Rating

NICE : National Information Credit Evaluation / KIS : korea Investors Service / KR : Korea Ratings

Rating DefinitionsKOREA INVESTORS SERVICES, INC.
Evaluation, securities, etc. Rating Definition
Corporate Bond AAA An obligor rated 'AAA' has unquestionable capacity to redeem its financial
obligations,and holds extremely low investmentrisks.
AA An obligor rated 'AA' has strong capacity to redeem its financial obligations,
although its solvency is relatively weaker than the obligors in the AAA category.
A An obligor rated 'A' has satisfactory capacity to redeem its financial obligations,
although it is somewhat more susceptible to the adverse effects of changes in its
business and economic environments than the obligors in the AA rating categories.
B An obligor rated 'B' is speculative in meeting its financial commitments. Adverse
circumstantial changes are likely to impair the obligor's capacity to pay the interests.
C An obligor rated 'C' has high default risk and no capacity for redemption.
D An obligor rated 'D' is in default.
Commercial Paper A1 An obligor rated 'A1' has extremely strong capacity to timely meet its financial
commitments.
A2 An obligor rated 'A2' has strong capacity to meet its financial commitments,
although its redemption stability is somewhat weaker than that of the obligors in
the A1 category.
A3 An obligor rated 'A3' has adequate capacity to meet its financial commitments,
although its redemption stability is weaker than that of the obligors in the upper
rating categories.
B An obligor rated 'B' currently has the capacity to timely meet its financial
commitments. However, it's redemption stability contains speculative characteristics
that it is susceptible to short-term changes in its business and economic
environments.
C An obligor rated 'C' is speculative to a high degree.
D An obligor rated 'D' is in default.

Relative superiority is indicated with + and – symbols within the same class.