S&P rates KB notes A-

S&P said it assigned its A- long-term foreign-currency issue rating to a planned issuance of dollar denominated senior unsecured notes by KB Securities Co. Ltd. The notes will be drawn down from the s company's $2 billion euro medium-term note program.

The rating is the same as S&P’s issuer rating for KB.

KB Securities intends to use the proceeds for general corporate purposes.

The outlook is stable.

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