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Moody's: Korea Finance debt A1
Moody's Investors Service said it assigned a provisional A1 rating to Korea Finance Corp.'s $5 billion SEC registered program, through which it can issue senior unsecured debt securities.
Moody's also assigned an A1 rating to the proposed senior notes to be issued by Korea Finance and which is a drawdown from the program.
The outlook is positive.
Moody's said the rating incorporates very high level of support from the government and baseline credit assessment of 11, which maps to Ba1 on the long-term scale.
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