SEOUL, Nov 26 (Reuters) - Moody's Investors Service said on Friday it has upgraded its ratings on South Korea's Hyundai Motor Co. and affiliate Kia Motors Corp. , citing improving overall earnings and credit profile.
Moody's raised Hyundai's senior unsecured rating to Baa3 from Ba1, and Kia Motors's senior unsecured rating and issuer rating to Baa3 from Ba2. The rating outlook was stable, it added.