KB Kookmin Card Co., Ltd. Moody s affirms ratings of KB Kookmin Card, Shinhan Card and Woori Card; outlooks stable
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Rating Action: Moody s affirms ratings of KB Kookmin Card, Shinhan Card and Woori Card; outlooks stableGlobal Credit Research - 03 Mar 2021Hong Kong, March 03, 2021 Moody s Investors Service has today affirmed the A2 foreign-currency and local-currency long-term issuer ratings of KB Kookmin Card Co., Ltd. and Shinhan Card Co., Ltd.Moody s has also affirmed A2 foreign-currency long-term senior unsecured debt rating of Shinhan Card Co., Ltd.Moody s has affirmed the A3 foreign-currency and local-currency long-term issuer ratings of Woori Card Co., Ltd.The outlooks on these three entities remain stable.A list of all affected ratings is provided at the end of this press release.RATINGS RATIONALEIn affirming the ratings for KB Kookmin Card, Shinhan Card, and Woori Card, Moody s has raised the standalone assessments of these companies to baa3 from
Friday, January 29, 2021
One of the few things that hasn’t changed significantly since our last TCPA update is, well, the TCPA. We have a new year, a new President and multiple new COVID vaccines. And after the December oral argument in
Facebook v. Duguid before the Supreme Court, 2021 could be the year when we receive clarity on the critical TCPA question of what constitutes an automatic telephone dialing system (“ATDS”). Indeed, the argument seemed positive for the TCPA defense bar, with Justices Alito and Thomas chafing at the anachronistic nature of the statute and Justices Sotomayor and Gorsuch expressing concerns about the idea that every cellphone user could be subject to civil liability. But for now, the TCPA litigation landscape remains the same bizarre, often inconsistent quagmire that it always has been. We’ll continue to be your guide through the morass, and we summarize here developments since our last update, listed by issue category in a