KIS, DSME's credit rating downgraded to 'B' ... Liquidity risk corporate bonds

[Korea goyounghun financial newspaper reporter] Korea Investors Service announced that the downward unsecured bond rating of DSME through frequent assessment to 24th in the existing B + B.

KIS is "reflected the large bond maturities uncertainty of liquidity risk and maturity of the arrival, and the likelihood of further loss of credibility compromised account information," he said.

Also explained that the negative environment of sluggish sales and orders throughout the shipbuilding industry due to the varying financial and equity-scale view.

DSME Okpo Shipyard construction began in the year 1973, Geoje, South Gyeongsang Province. In the process of dismantling the Daewoo Group it was founded by a business division of Daewoo Shipbuilding Heavy Industry 2000. The largest shareholder with comprehensive shipbuilding and marine specialist to dry LNG carriers, oil tankers, container ships, etc. is an industrial bank.



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