Moody’s rates Korea Investment Baa2

Moody's Investors Service said it assigned a first-time Baa2 long-term foreign currency issuer rating to Korea Investment & Securities Co., Ltd.

“The Baa2 foreign currency long-term issuer rating on Korea Investment & Securities reflects: (1) the company's standalone assessment of Ba1; and (2) a two-notch uplift from the company's standalone assessment, based on Moody's expectation that Korea Investment & Securities will receive a high level of support from the government of Korea (Aa2 stable), in times of need,” said Moody’s in a press release.

The outlook on Korea Investment & Securities is stable.

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