Rating Action Johannesburg, 22 April 2022 – GCR Ratings (“GCR”) assigned the following national and international scale issue ratings to the Notes issued (“Transaction”) by Nqaba Finance 1 (RF) Ltd (the “Issuer” or “Nqaba”). Security Class Stock Code Amount Outstanding Rating class Rating scale Rating Outlook Legal Maturity Class A10 Notes NQ1A10 R72,297,047 Long-Term...
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