S&P announces upgrade of LG Electronics’ credit rating to BBB+
Standard & Poor’s (S&P) 2026 year 6 month 3 day upgraded LG Electronics’ corporate credit rating from 'BBB' to 'BBB+'. S&P cited the growth momentum of its core businesses as the reason for the upgrade.
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Standard & Poor’s (S&P) announced that it had upgraded LG Electronics’ corporate credit rating from 'BBB' to 'BBB+'. S&P said the background to the rating upgrade was the solid growth momentum of its core businesses. The rating designation reflects the assessment of the company’s debt repayment capacity.2026 year 6 month 3 day
S&P is an international credit rating agency. Credit rating agencies assign ratings based on a company’s financial condition and business outlook. In this announcement, S&P said its assessment was based on LG Electronics’ business structure and related performance.
The rating has risen by one notch. 'BBB+' is classified as an improvement in creditworthiness from the previous 'BBB'. Specific financial figures and forecasts are based on S&P’s announcement.
LG Electronics may separately disclose an official position regarding the rating upgrade. S&P’s assessment will be reflected in its publicly available credit rating report. Investors can review that report and the company’s disclosures.
This rating adjustment resulted from S&P’s regular or interim assessment. The timing and background of the rating change are documented in detail in S&P’s official materials. Relevant information can be confirmed through the company’s disclosures and credit rating reports.
Investors are advised to compare the contents of this announcement with the company’s disclosures. The credit rating change itself is the result of an external assessment. Please refer to S&P’s announcement for specific figures and detailed supporting grounds.
Sources: 연합뉴스 경제
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