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Credit Rating

View LG Electronics’ global and domestic credit ratings from various credit rating agencies worldwide.
Global Credit Rating
Global Credit Rating
Rating Agency Current Rating Last Evaluation Date
Moody's Baa3(Negative) February, 2016
S&P BBB(Negative) October, 2015
Rating Definitions of Moody's and S&P

Moody's has nine rating categories, from Aaa to C, and S&P has 10 rating categories, from AAA to D. Ratings from Aaa to Baa are considered investment-graded by Moody's, and ratings from AAA to BBB are considered investment-graded by S&P (Standard & Poor's). When rating agencies evaluate a credit rating, they also attach a "rating outlook" to each rating. "Positive" means that a rating may be raised, "Negative" means that a rating may be lowered, and "Stable" means that a rating is not likely to change.

Classification Moody's S&P Definition
Investment Grade Aaa AAA Highest quality
Aa AA High quality (very strong)
A A Upper medium grade (strong)
Baa BBB Medium grade
Non-investment Grade Ba BB Lower medium grade (somewhat speculative)
B B Low grade (speculative)
Caa CCC Poor quality (may default)
Ca CC Most speculative
C C No interest being paid or bankruptcy petition filed
D In default
Domestic Credit Rating
Domestic Credit Rating
  Bond
Rating Agency Current Rating Last Evaluation Date
KIS AA0 August, 2016
KR AA0 August, 2016
NICE AA0 August, 2016
  • KIS: Korea Investors Service
  • KR: Korea Ratings
  • NICE: NICE Investors Service
Bond Ratings Definitions

There are 10 rating categories for bond ratings, from AAA to D. While obligors in rating categories AAA to BBB are considered investment-graded, having more than adequate abilities to meet their financial commitments in a timely fashion, those in rating categories BB to C are believed to contain speculative characteristics in terms of their redemption stability. Obligors in category D are in default.

Bond Ratings Definitions
Rating Definition
AAA An obligor rated 'AAA' has unquestionable capacity to redeem its financial obligations, and holds extremely low investment risks.
AA An obligor rated 'AA' has strong capacity to redeem its financial obligations, although its solvency is relatively weaker than the obligors in the AAA category.
A An obligor rated 'A' has satisfactory capacity to redeem its financial obligations, although it is somewhat more susceptible to the adverse effects of changes in its business and economic environments than the obligors in the AA rating categories.
BBB An obligor rated 'BBB' has moderate capacity to redeem its financial obligations, although its capacity is more likely to be weakened by the adverse effects of changes in its business and economic environments than the obligors in the A category.
BB An obligor rated 'BB' currently has the capacity to redeem its financial obligations. However, it's redemption stability contains speculative characteristics that it cannot be guaranteed in the long-term.
B An obligor rated 'B' is speculative in meeting its financial commitments. Adverse circumstantial changes are likely to impair the obligor's capacity to pay the interests.
CCC An obligor rated 'CCC' is highly speculative in meeting its financial commitments.
CC An obligor rated 'CC' is more speculative than the obligors in the CCC category.
C An obligor rated 'C' has a high default risk and no capacity for redemption.
D An obligor rated 'D' is in default.
* Ratings between AA and B categories can be designated with a plus (+) or minus (-) sign according to their relative status within each generic rating category.