Rating Alerts – GCR Ratings

GCR affirms Emzor Pharmaceutical Industries Limited’s Issuer ratings of A-_(NG)/A2_(NG); Outlook Stable.

December 1, 2023

Tagged in: Nigeria

Lagos, 01 December 2023 – GCR Ratings (GCR) has affirmed Emzor Pharmaceutical Industries Limited’s (Emzor or the group) national scale long-term and short-term Issuer ratings…

Announcements Corporate Rating Alerts

GCR affirms Pan-African Resources Plc’s issuer rating of BBB+_(ZA)/A2_(ZA) as its capital expansion progresses in line with expectations

December 1, 2023

Tagged in: South Africa

Rating action Johannesburg, 01 December 2023 – GCR Ratings (GCR) has affirmed Pan-African Resources Plc’s (PAR or the group) national scale long and short term…

Announcements Insurance Rating Alerts

GCR revises the outlook on Cell Insurance Company Limited’s national scale financial strength rating of A-_(ZW) to Stable from Evolving

December 1, 2023

Tagged in: Zimbabwe

Rating action Johannesburg, 01 December 2023 – GCR Ratings (GCR) has affirmed Cell Insurance Company Limited’s (Cell Insurance) national scale financial strength rating of A-(ZW),…

Announcements Financial Institutions Rating Alerts

GCR assigns a final rating of AAA_(NG) to InfraFunding SPV Limited’s NGN955 million Series 4 Tranche A Guaranteed Fixed Rate Senior Green Infrastructure Bonds, Outlook Stable.

November 30, 2023

Tagged in: Nigeria

Lagos, 30 November 2023 – GCR Ratings (GCR) has assigned a final public national scale long-term Issue rating of AAA(NG) to InfraFunding SPV Limited’s NGN955…

Announcements Financial Institutions Indicative Rating Actions Rating Alerts

GCR assigns an Indicative Rating of AAA_(NG)_(IR) to InfraFunding SPV Limited’s proposed NGN1.95 billion Series 6 Tranche A Guaranteed Fixed Rate Senior Infrastructure Bonds, Outlook Stable.

November 30, 2023

Tagged in: Nigeria

Lagos, 30 November 2023 – GCR Ratings (GCR) has assigned a national scale long-term indicative Issue rating of AAA(NG)(IR) to InfraFunding SPV Limited’s NGN1.95 billion…

Announcements Corporate Rating Alerts

GCR assigns a national scale long-term Issue rating of A-_(NG) to Sundry Foods Funding SPV Plc’s NGN5.5Bn Series II Senior Unsecured Bonds.

November 30, 2023

Tagged in: Nigeria

Lagos, 30 November 2023 – GCR Ratings (GCR) has assigned a national scale long-term Issue rating of A-(NG) to Sundry Foods Funding SPV Plc’s NGN5.5Bn…

Announcements Insurance Rating Alerts

GCR affirms Tangerine General Insurance Limited’s financial strength rating of A-_(NG); Outlook Stable

November 30, 2023

Tagged in: Nigeria

Lagos, 30 November 2023 – GCR Ratings (GCR) has affirmed Tangerine General Insurance Limited’s national scale financial strength rating of A-(NG), with a Stable Outlook.…

Announcements Corporate Public Sector Rating Alerts

GCR affirms Ogun State Government of Nigeria’s ratings of BBB+_(NG), Outlook Stable.

November 30, 2023

Tagged in: Nigeria

Lagos, 30 November 2023 – GCR Ratings (GCR) has affirmed the national scale long-term and short-term Issuer ratings of BBB+(NG) and A2(NG) respectively assigned to…

Announcements Rating Alerts Structured Finance & Securitisation

GCR affirms ratings under the South African Securitisation Programme (RF) Ltd – Series 2, Outlooks Stable

November 30, 2023

Tagged in: South Africa

Rating Action Johannesburg, 30 November 2023 – GCR Ratings (GCR) has affirmed the national scale long-term issue credit ratings and outlooks of the notes issued…

Announcements Financial Institutions Rating Alerts

GCR affirms MyCredit Investments Limited’s BBB_(NG) national scale long-term issuer rating, with a negative outlook.

November 30, 2023

Tagged in: Nigeria

Lagos, 30 November 2023 – GCR Ratings has affirmed MyCredit Investments Limited’s (MIL or the company) national scale long-term and short-term issuer rating of BBB(NG)…