Current Rating
Rating FAQ
Long-term  :   twA
Short-term  :   twA-1
Outlook  :  Stable
Issuer Rating History
Rating Date Long-term Rating outlook (credit watch) Short-term Rating
2024/09/23 twA Stable twA-1
2024/01/23 twA- Positive twA-2
2023/09/15 twA- Stable twA-2
2021/09/08 twA- Positive twA-2
2020/04/10 twA- Stable twA-2
2020/02/10 twA Stable twA-1
2019/01/04 twA- Stable twA-2
2018/05/03 twA Negative twA-1
2013/06/04 twA Stable twA-1
2010/05/13 twA Positive twA-1
2008/05/29 twA Stable twA-1
2007/07/05 twA Negative twA-1
2007/06/07 twA Stable twA-1
2005/04/25 twA Stable twA-2
2004/02/25 twA- Stable twA-2
2003/05/26 twBBB+ Positive twA-2
1999/02/15 twBBB+ Stable twA-2
Research Analysis
Publish Date Subject
2024/09/23 Media Release: Yulon Finance And Subsidiaries Upgraded After Similar Parent Action; Outlooks Stable
2024/06/11 Research Update: Yulon Finance Corp. Ratings Affirmed At 'twA-/twA-2'; Outlook Positive
2024/01/23 Media Release: Outlook On Yulon Finance And Subsidiaries Revised To Positive From Stable After Similar Parent Action; Ratings Affirmed
2023/09/15 Media Release: Outlook On Yulon Finance And Subsidiaries Revised To Stable From Positive After Similar Parent Action; Ratings Affirmed
2023/06/14 Research Update: Yulon Finance Corp. Ratings Affirmed At 'twA-/twA-2'; Outlook Positive
2022/06/28 Research Update: Yulon Finance Corp. Ratings Affirmed At 'twA-/twA-2'; Outlook Positive
2022/02/15 Media Release: Selected Finance Company Ratings Affirmed Under Revised Criteria
2021/09/08 Media Release: Outlook On Yulon Finance Corp. And Subsidiaries Revised To Positive From Stable After Similar Parent Action; Ratings Affirmed
2021/06/22 Research Update: Yulon Finance Corp. Ratings Affirmed At 'twA-/twA-2'; Outlook Stable
2020/06/18 Research Update: Yulon Finance Corp. Ratings Affirmed At 'twA-/twA-2'; Outlook Stable
Last 5 Years Issue Rating History
Series Amount
(Million)		 Issue Date Maturity Date
 Coupon Rate
(%)		 Rating Rating Date
None
*Taiwan Ratings maintains continuous surveillance over its ratings and the “Rating date” below refers to the last date on which the ratings/outlook have been changed or the ratings on/off CreditWatch.
*Unless there is a material change in our rating views on a given entity, Taiwan Ratings does not update the “Rating date,” which is accordance with the general international practice for rating disclosures.