Credit Information


Classification	Corporate bonds	Commercial paper	Outlook	Final evaluation
Korea Ratings	AA-	A1	Stable	Apr. 2026
Korea Investors Service	AA-	A1	Stable	Apr. 2026
NICE Investors Service	AA-	A1	Stable	Apr. 2026


Classification	Corporate bonds	Commercial paper	Outlook	Final evaluation
Korea Ratings	AA-	A1	Stable	Apr. 2026
	-	A2+	-	Oct. 2025
	-	A2+	-	Jun. 2025
	A0	A20	Positive	Dec. 2024
	A0	A20	Stable	Nov. 2023
	A-	A2-	Positive	Apr. 2023
	BBB+	A3+	Stable	May. 2022
	BBB+	A3+	Positive	May. 2021
Korea Investors Service	AA-	A1	Stable	Apr. 2026
	A+	A2+	Positive	Oct. 2025
	A+	A2+	Stable	Jun. 2025
	A0	A20	Stable	Dec. 2024
	A0	A20	Stable	Aug. 2023
	-	A2-	-	May. 2023
	BBB+	-	Positive	Dec. 2022
	BBB+	-	Positive	Jun. 2021
NICE Investors Service	AA-	A1	Stable	Apr. 2026
	A+	A2+	Positive	Oct. 2025
	A+	A2+	Positive	Jun. 2025
	A0	A20	Positive	Dec. 2024
	A0	A20	Stable	Aug. 2023
	A-	A2-	Positive	Mar. 2023
	BBB+	A3+	Stable	May. 2022
	BBB+	A3+	Positive	Apr. 2021

AAA	Highest ability to pay the principal and interest
AA	Excellent ability to pay the principal and interest, but slightly inferior to AAA bonds
A	Excellent ability to pay the principal and interest, but more susceptible to the effects of economic conditions and environmental deterioration than higher grades
BBB	Good ability to pay the principal and interest, but implied possibility of future deterioration in the ability to pay due to greater susceptibility to economic conditions and environmental deterioration compared to higher grades.
BB	No problem with ability to pay the principal and interest at the time, but uncertainty regarding future safety
B	Evaluated as speculative due to lack of ability to pay the principal and uncertain ability to pay the interest in times of recession
CCC	Evaluated as very speculative due to uncertain ability to pay the principal and interest at the time and the high risk of default
CC	Greater uncertainty than higher grades
C	High risk of default and no ability to pay the principal and interest
D	Default status

A1	Highest ability to repay on time, and also greatest stability of the ability to repay
A2	Excellent ability to repay on time, but stability somewhat inferior to A1
A3	Good ability to repay on time and good stability, but inferior to A2
B	Appropriate ability to repay on time, but stability somewhat speculative depending on short-term changes in conditions
C	Highly speculative ability to repay on time and stability
D	Default status