Corporate – GCR

Tagged in: Nigeria

Lagos, Nigeria, 13 September 2021 – GCR Ratings (“GCR”) affirms the national scale long-term and short-term Issuer rating of BBB-(NG) and A3(NG) respectively accorded to…

Announcements Corporate Public Sector Rating Alerts

GCR affirms Ogun State Government’s long term Issuer rating of BBB+_(NG); Outlook Stable.

Sep 13, 2021

Tagged in: Nigeria

Lagos, Nigeria, 13 September 2021 – GCR Ratings (“GCR”) has affirmed the national scale long-term Issuer rating of BBB+(NG) to Ogun State Government and assigns…

Announcements Corporate Rating Alerts

GCR affirms Lafarge Africa Plc’s Long Term Issuer rating of AA-_(NG), Stable Outlook.

Sep 9, 2021

Tagged in: Nigeria

Lagos, Nigeria, 9 September 2021 – GCR Ratings (“GCR”) has affirmed Lafarge Africa Plc’s national scale long-term and short-term Issuer ratings of AA-(NG) and A1+(NG)…

Announcements Corporate Rating Alerts

GCR assigns AA+_(ZA)(EL) ratings to Emira’s new secured note issuance; Outlook Negative

Sep 7, 2021

Credit Rating Announcement Rating Action Johannesburg, 7 September 2021 – GCR Ratings (“GCR”) has assigned a national scale long-term issue rating of AA+(ZA)(EL) to the…

Announcements Corporate Public Sector Rating Alerts

GCR affirms Lagos State Government’s national scale long term Issuer rating of A+_(NG), Outlook Positive.

Aug 30, 2021

Tagged in: Nigeria

Lagos, Nigeria, 30 August 2021 – GCR Ratings (“GCR”) has affirmed the national scale long term and short term Issuer ratings of A+(NG) and A1(NG)…

Announcements Corporate Rating Alerts

GCR revises the outlook on Safari Investments RSA Limited to Stable on the back of resilient earnings

Aug 25, 2021

Tagged in: South Africa

Rating Action Johannesburg, 25 August 2021 – GCR Ratings (“GCR”) has affirmed the long and short term national scale Issuer ratings accorded to Safari Investments…

Announcements Corporate Rating Alerts

GCR downgrades Accelerate’s long term issuer rating to BBB-_(ZA) and the Secured Notes ratings to A-_(ZA)(EL) on account of weaker portfolio fundamentals and continued funding risks

Aug 25, 2021

Tagged in: South Africa

Rating Action Johannesburg, 24 August 2021 – GCR Ratings (“GCR”) has downgraded the national scale long-term issuer rating assigned to Accelerate Property Fund Limited (“Accelerate”,…

Announcements Corporate Indicative Rating Actions Rating Alerts

GCR accords an Indicative Rating to Ardova Plc’s proposed up to N22bn Series 1 (Tranches A & B) Senior Unsecured Bond Issue

Aug 24, 2021

Tagged in: Nigeria

Rating Action Lagos, Nigeria, 24 August 2021 – GCR Ratings (“GCR”) has assigned a national scale long term indicative rating of A-(NG)(IR) to Ardova Plc’s…

Announcements Corporate Rating Alerts

GCR places Lewis’ rating of A_(ZA) on Positive Outlook following strong earnings performance

Aug 24, 2021

Tagged in: South Africa

Rating Action Johannesburg, 24 August 2021 – GCR Ratings (“GCR”) has affirmed Lewis Group Limited’s (“Lewis” or “the group”) long term and short term national…

Announcements Corporate Rating Alerts

GCR upgrades Equites’ rating to AA-_(ZA)/ A1+_(ZA) on sustained strong portfolio performance amidst the ongoing coronavirus pandemic

Aug 19, 2021

Tagged in: South Africa

Rating Action Johannesburg, 19 August 2021 – GCR Ratings (“GCR”) has upgraded the national scale long and short-term issuer ratings of Equites Property Fund Limited…