Fitch rates Korea Student Aid A+

Fitch Ratings said it assigned Korea Student Aid Foundation a long-term foreign-currency rating of A+ and a short-term foreign-currency rating of F1.

The outlook is stable.

The ratings are linked to the Republic of Korea's sovereign rating, reflecting its quasi-sovereign status and the highly likely on-going support from the government on a timely basis, Fitch said.

The agency noted that the company's role is strategically and socially important to Korea.

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