SK Rent-a-Car (068400)announced on the 4th that the credit rating of unsecured bonds by NICE Credit Status had been upgraded from A0 (positive) to A+ (stable) on the 3rd.
As a result, SK Rent-A-Car has received an ‘A+’ credit rating from all three major credit rating agencies in Korea (Nice Credit Scores, Korea Score, and Korea Rates).
Nice Credit Ratings said, “We considered the excellent business base in the car rental market and the ability to generate stable profits through business synergies with the SK Group.” An official from SK Rent-A-Car said, “It is meaningful for us to receive a positive evaluation of business stability and competitiveness from the three major credit rating agencies in Korea. I will do it,” he said.
