Samsung E&A Obtains Moody's Credit Rating of 'Baa1'

Recognition of Stable Profitability and Financial Structure

Samsung E&A announced on the 30th that it has newly obtained a credit rating of 'Baa1' from the global credit rating agency Moody's. The credit rating outlook was evaluated as 'Stable.'

Samsung E&A Building, Gangdong-gu, Seoul [Photo by Samsung E&A]

Moody's highly rated Samsung E&A's solid position in the global market, stable profitability, and excellent financial soundness. The risk management system and differentiated business execution model also appear to have positively influenced this evaluation.

Through this rating acquisition, Samsung E&A expects to reduce financial costs when raising funds and strengthen its global order competitiveness.

A Samsung E&A official stated, "This credit rating acquisition internationally recognizes the company's financial structure and growth potential," adding, "We will continue to enhance company value through stable financial management and strengthening business competitiveness."