Rating Action Johannesburg, 04 May 2021 – GCR Ratings (“GCR”) has downgraded South African National Roads Agency SOC Limited’s (“SANRAL”) national scale issuer ratings to A-(ZA) and A2(ZA) for the long and short term respectively, the outlook remains on Negative. Concurrently, the long-term international scale issuer rating assigned to SANRAL has been affirmed at B+,...
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