POSCO ENERGY is one of the Korea’s most financially sound independent power producers, thanks to its stable income structure and sound cash flows.
|Category||Korea Ratings Co., Ltd.||Korea Investors Service, Inc.||NICE Information Service Co., Ltd|
The credit rating of company stock is classified into 10 ratings from AAA to D depending on the solvency of principal and interest. AAA through BBB are given when the solvency of principal and interest is recognized. BB through C are speculative grades largely affected by changes in the business environment.
|AAA||The highest solvency of principal and interest|
|AA||Very high solvency but slightly under AAA bonds|
|A||High solvency of principal and interest but vulnerable to deterioration in the business and economic environment than is the case for higher ratings.|
|BBB||Good solvency of principal and interest but entails a possibility of deteriorating capacity for repayment over time depending on adverse business or economic conditions than is the case for higher ratings.|
|BB||Insufficient solvency of principal and interest and uncertain ability to pay interest during the recession|
|CCC||Currently having unstable factors with regard to the payment of principal and interest; very speculative due to a high level of default risk|
|CC||Higher level of unstable factors compared to the higher ratings|
|C||High default risk and no capacity for solvency of principal and interest|
|D||Unable to repay|