Corporate – GCR

GCR downgrades SANRAL’s international scale credit rating to B+ from BB-, on heightened country and sector risks.

Jul 8, 2020

Rating Action Johannesburg, 08 July 2020 – GCR Ratings (“GCR”) has downgraded the long-term international scale issuer rating assigned to South African National Roads Agency…

Announcements Corporate Rating Alerts

GCR places Octodec Investments Limited’s Issuer rating of A-_(ZA) on Negative Outlook due to elevated industry risk

Jul 3, 2020

Tagged in: South Africa

Rating Action Johannesburg, 03 July 2020 – GCR Ratings (“GCR”) has placed the long and short term national scale Issuer ratings assigned to Octodec Investments…

Announcements Corporate Rating Alerts

GCR assigns RA International long and short term national scale ratings of AAA_(KE)/ A1+_(KE); Stable Outlook

Jun 24, 2020

Rating Action Johannesburg, 24 June 2020 – GCR Ratings (“GCR”) has assigned national scale long term and short term issuer ratings to RA International FZCO…

Announcements Corporate Rating Alerts

GCR affirms Sappi Southern Africa’s Issuer rating of AA_(ZA) on robust liquidity amidst industry downturn. Stable Outlook Rating Action

Jun 17, 2020

Tagged in: South Africa

Rating Action Johannesburg, 17 June 2020 – GCR Ratings (“GCR”) has affirmed Sappi Southern Africa Limited’s long and short term Issuer ratings of AA(ZA) and…

Announcements Corporate Rating Alerts

GCR affirms King Cetshwayo District Municipality’s A_(ZA)balancing restrained fiscal position of the sovereign with low leverage and good liquidity. Outlook Stable

Jun 3, 2020

Tagged in: South Africa

Rating Action Johannesburg, 03 June 2020 – GCR Ratings (“GCR”) has affirmed the national scale Issuer ratings assigned to King Cetshwayo District Municipality to A(ZA)…

Announcements Corporate Rating Alerts

GCR downgrades SA Corporate’s rating to A-_(ZA) on deteriorating financial profile. Ratings withdrawn.

May 22, 2020

Tagged in: South Africa

Rating Action Johannesburg, 22 May 2020 – GCR Ratings (“GCR”) has downgraded the national scale long-term and short-term Issuer ratings assigned to SA Corporate Real…

Announcements Corporate Rating Alerts

GCR places SANRAL’s A_(ZA)/ A1_(za) long and short term national scale ratings and BB- international scale ratings on negative outlook, on potentially reduced government support

May 7, 2020

Tagged in: South Africa

Rating Action Johannesburg, 07 May 2020 – GCR Ratings (“GCR”) have affirmed the national scale Issuer ratings assigned to South African National Roads Agency SOC…

Announcements Corporate Rating Alerts

GCR affirms Curro Holdings Limited’s BBB+_(ZA) rating on stable sector dynamics and performance. Outlook Stable

May 5, 2020

Tagged in: South Africa

Rating Action Johannesburg, 5 May 2020 – GCR Ratings (“GCR”) has affirmed the national scale Issuer ratings assigned to Curro Holdings Limited of BBB+(ZA) and…

Announcements Corporate Rating Alerts

GCR affirms African Oxygen Limited’s A+_(ZA) rating on its strong funding profile. Outlook Stable

Apr 30, 2020

Tagged in: South Africa

Rating Action Johannesburg, 30 April 2020 – GCR Ratings (“GCR”) has affirmed the national scale issuer ratings assigned to African Oxygen Limited of A+(ZA) and…

Announcements Corporate Rating Alerts

GCR affirms AECI Limited’s A+_(ZA) rating on the back of a strong funding profile. Outlook Stable

Apr 28, 2020

Tagged in: South Africa

Rating Action Johannesburg, 28 April 2020 – GCR Ratings (“GCR”) has affirmed the national scale long term and short term issuer ratings assigned to AECI…