S&P Global Ratings revised outlook on Kia Motors to negative and affirmed at "A-" (Foreign Currency LT) credit rating

September 11, 2017 - CBonds


S&P Global Ratings affirmed the "A-" Foreign Currency LT credit rating of Kia Motors on September 8, 2017. At the same time the rating agency revised outlook to negative from stable.
Issuer: Kia Motors
Issuer profile:
Kia Motors Corporation headquartered in Seoul, is South Korea's second-largest automobile manufacturer, following the Hyundai Motor Company, with sales of over 1.6 million vehicles in 2012. As of Jun... more
Outstanding issues:
2 issuesUSD700,000,000
Issuer rating:
Moody's Investors ServiceBaa1/StableLT- foreign currency09/19/2014
Moody's Investors ServiceBaa1/StableLT- local currency09/19/2014
S&P Global RatingsA-/NegativeForeign Currency LT09/08/2017
S&P Global RatingsA-/NegativeLocal Currency LT09/08/2017
Fitch RatingsBBB+/StableLT Int. Scale (foreign curr.)09/06/2017
150 000
issues: local and international bonds
+7 812 336 97 21
150 000
issues: local and international bonds
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