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Story summary
- Korea-US Strategic Investment Corporation received Aa2 from Moody’s and AA from S&P Global Ratings.
- The ratings place the corporation on par with the South Korean government.
- Moody’s and S&P cited the corporation’s policy-finance role under a special law.
- Full government ownership and oversight were cited as major factors in the assessments.
- The corporation plans to raise funds by issuing Korea-US strategic investment bonds.