[BODY]
LS has secured an "A0 (stable)" credit rating from JCR, a leading Japanese credit rating agency, demonstrating strong financial soundness in global capital markets.
LS (006260) said on the 20th that it received an A0 rating from JCR. Typically, Korean companies awarded an A0 rating by JCR hold a domestic credit rating of around "AA-." Although LS holds an "A+" rating—one notch lower—it earned an A0 from JCR, an unusual assessment.
JCR said, "LS holds core business subsidiaries with firm market competitiveness, including LS Cable & System, LS Electric and LS MnM, giving it strong resilience against economic cycles," adding, "Through preemptive risk management and strategic portfolio diversification, it has secured stable earnings-generating capacity on a consolidated basis."
Recently, Korea's three major credit rating agencies also simultaneously raised LS's rating outlook to "positive," reflecting robust earnings driven by the expansion of global artificial intelligence (AI) data centers and increased investment in power infrastructure. LS plans to expand loan agreements with Japanese banks and improve financing terms on the back of this assessment.
An LS official said, "We will maximize financial efficiency by diversifying our global funding channels and optimizing funding costs."
