| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers K > Headlines for Korea Housing Finance Corp. > News item |
S&P rates Korea Housing AA/A-1+
S&P said it assigned its AA long-term and A-1+ short-term issuer credit ratings to Korea Housing Finance Corp. (KHFC).
The outlook on the long-term rating is stable.
“The ratings on KHFC reflect the agency's critical public policy role of providing long-term housing finance, mainly by issuing RMBS with long-term maturities, and its integral link with the government,” S&P said in a news release.
“We see an almost certain likelihood that the Korean government will provide timely and sufficient extraordinary support to KHFC in the event of financial distress. We therefore equalize the ratings on KHFC with those on Korea.”
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.