Friday, February 17, 2017

Lee Jae-yong no longer restrained, Samsung's credit rating



[Korea financial newspaper stand hyomun News] Lee Jae-yong, Samsung Electronics Vice Chairman of redemption came out the prospect that there is no significant impact on Samsung's credit rating.

Joe Morrison Moody's vice president and 17 days "Lee Jae-yong, Samsung Electronics Vice Chairman restraint measures are Samsung's 'A1' senior unsecured bonds rating and" stable "rating outlook to affect not do it," he said "Samsung is an experienced professional management team co in charge of the management structures "he announced that.

He added: Samsung massive net liquidity reserves amounting to 73 trillion won excellent health of the global e-business, low leverage and the end of this year and support the company's credibility, "he added.

Late last year, Samsung Electronics holds liquid assets of 88.2 trillion won. Moody's had rated as sufficient liquidity to cover the dividend payment of approximately 15.3 trillion won of the total scheduled debt and 9.3 trillion won and 3.8 trillion won share buyback this year.

Meanwhile, while investigating corruption and bribery related to the events surrounding the 17 days Park Geun-hye, President of the Seoul Central District Court issued an arrest warrant for Vice President Lee Jae-yong.







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