Rating Fees
Introduction of Credit Rating Service and Rating Procedure Guide.
CP Rating
Initial Rating Fee
<VAT not included>
| Classification | Fees | Minimum | Maximum |
|---|---|---|---|
| SMEs | Total Assets (as stated in the most recent financial statements) X 1/32,000 | KRW 3 million | KRW 6 million |
| Large Coporations | Total Assets (as stated in the most recent financial statements) X 1/32,000 | KRW 8.5 million | KRW 30 million |
- - Double or more ratings of long-term credit rating on corporate bonds or enterprise credit evaluation, and short-term credit rating on commercial paper or short-term bonds in the same year will offer a 30% discount off follow-up evaluation fee.
However, double ratings on commercial paper and short-term bonds will completely exempt basic fee for follow-up evaluation and regular evaluation fee. - - Total assets of a trust company include trust assets.
- - The division between SMEs and large corporations was made in accordance with the Framework Act on Small and Medium Enterprises in Korea.
Surveillance Fee : fee for rating surveillance.
- - 30%(VAT not included) of CP initial rating fee (before discount) is applied.
- - Surveillance fee is billed right after disclosure of regular rating.