A state-run Korea-U.S. investment firm created to implement Seoul’s $350 billion investment pledge to the United States has received its first credit ratings from global agencies. KUIC said Moody’s Ratings assigned it an Aa2 issuer rating with a stable outlook, while S&P Global Ratings gave it long-term credit ratings of AA, both aligned with South Korea’s own sovereign ratings.

According to the agencies’ statements as relayed by the firm, the ratings reflect credit linkages between KUIC and the South Korean government, including the government’s willingness and ability to provide timely support. Both sources describe the stable outlook as tied to expectations that KUIC will receive sufficient support when needed, with Moody’s citing South Korea’s ample financial reserves and sovereign creditworthiness, and S&P describing the likelihood of timely and sufficient government backing.

Yonhap’s coverage tracks the same core development and key rating results reported by KUIC and Moody’s and S&P, focusing on the announcement and the assigned ratings and outlooks.