New York, May 20, 2016 -- Moody's Investor Service has assigned Aa3/P-1 letter of credit backed ratings to The Industrial Development Board of the County of Montgomery, Tennessee Taxable Industrial Development Bonds (Hankook Tire Manufacturing Tennessee, LP Project) Series 2016A (the Bonds). Kookmin Bank (the Bank) provides the letter of credit (LOC) supporting the Bonds.

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