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S&P assigns AAA to KEB Hana bonds
S&P said it assigned an AAA rating to the €600 million of three-year fixed-rate series 2 covered bonds issued by KEB Hana Bank under its $5 Billion global covered bond program. The bonds have a one-year maturity extension feature.
The agency also affirmed the AAA rating on the outstanding series 1 covered bonds and on KEB Hana Bank's $5 Billion global covered bond program.
The outlook is stable.
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