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HYUNDAI ENGINEERING

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Credit Rating

Credit Ratings
Credit Rating Agency Korea Ratings Korea Investors Service
Credit Rating 2018 AA-
(Stable)
AA-
(Stable)
2017 AA-
(Stable)
AA-
(Stable)
2016 AA-
(Stable)
AA-
(Stable)
2015 AA-
(Stable)
AA-
(Stable)

 

Rating
Rating Definition
AAA An 'AAA' rating indicates the strongest capacity for timely repayment.
AA An 'AA' rating indicates very strong capacity for timely repayment. This capacity may, nevertheless, be slightly inferior than is the case for the highest rating category.
A An 'A' rating indicates strong capacity for timely repayment. This capacity may, nevertheless, be more vulnerable to adverse changes in circumstances or in economic conditions than is the case for higher rating categories.
BBB A 'BBB' rating indicates that capacity for timely repayment is adequate, but adverse changes in circumstances and in economic conditions are more likely to impair this capacity.
BB A 'BB' rating indicates that the capacity for timely repayment is currently adequate, but that there are some speculative characteristics that make the repayment uncertain over time.
B A 'B' rating indicates lack of adequate capacity for repayment and speculative characteristics. Interest payment in time of unfavorable economic conditions is uncertain.
CCC A 'CCC' rating indicates lack of capacity for even current repayment and high risk of default.
CC A 'CC' rating indicates greater uncertainties than higher ratings.
C A 'C' rating indicates high credit risk and lack of capacity for timely repayment.
D A 'D' rating indicates insolvency.

※ From rating 'AA' to 'CCC', '+' or '-' attached to rating by comparative superiority and inferiority among the same rating.