Coway코웨이

Credit rating

• AA-Korea Investors Service · corporate bonds · Rated Sep 4, 2026
• AA-NICE Investors Service · corporate bonds · Rated Sep 4, 2026
• A1Korea Investors Service · commercial paper · Rated Jun 5, 2026
• A1NICE Investors Service · commercial paper · Rated Jun 5, 2026

Bonds outstanding

₩1.9T in 13 bonds

1. ≤6 months₩310B
2. 6–12 months—
3. 1–2 years₩560B
4. 2–3 years₩680B
5. 3–5 years₩380B
6. Over 5 years—

We read bond filings from Oct 25, 2021; older bonds may be missing.

Due soon vs cash

Due in 6 months

₩310B

Due in 12 months

₩310B

Cash and equivalents

₩140B

Cash from the 2026 H1 statements

More bonds fall due in the next 6 months than the company holds in cash.

How it has moved with rates and the won

Average move of the shares on days the factor changed, over the last year. Describes the past, not a forecast.

• −0.51% per 10 bp rise in KTB 3yweak link · correlation -0.10 over 253 days
• −0.06% per 1% rise in USD/KRWweak link · correlation -0.01 over 253 days