Rating action Johannesburg, 21st July 2022 — GCR Ratings (“GCR”) has downgraded Cellmed Health Medical Fund’s (“Cellmed”) national scale financial strength rating to BB-(ZW) from BB+(ZW), with the Outlook revised to Negative. Rated entity Rating class Rating scale Rating Outlook/Watch Cellmed Health Medical Fund Financial strength National BB-(ZW) Negative Outlook Rating rationale The rating downgrade...
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