Corporate – GCR Ratings

GCR assigns AAA_(NG) rating to MTN Nigeria Communications Plc’s N115bn Series 1 (Tranche A and B) Senior Unsecured Bond Issue; Outlook is Stable.

Jan 23, 2023

Tagged in: Nigeria

Lagos, Nigeria, 23 January 2023 – GCR Ratings (“GCR”) has assigned a national scale long-term Issue rating of AAA(NG) to MTN Nigeria Communications Plc’s N115bn…

Announcements Corporate Rating Alerts

GCR assigns an initial Issuer rating of BBB-_(NG) to Robust International Commodities Limited on the credit strengths of its guarantor sister company, Outlook Stable.

Jan 19, 2023

Tagged in: Nigeria

Lagos, Nigeria, 19 January 2023 – GCR Ratings (“GCR”) has assigned national scale long-term and short-term Issuer ratings of BBB-(NG) and A3(NG) respectively to Robust…

Announcements Corporate Rating Alerts

GCR assigns Dangote Industries Funding Plc’s N112.4bn Series 2 Senior Unsecured Bonds an Issue rating of AA+_(NG); Outlook Stable.

Jan 16, 2023

Tagged in: Nigeria

Lagos, 16 January 2023– GCR Ratings (“GCR”) has assigned a national scale long-term Issue rating of AA+(NG) to Dangote Industries Funding Plc’s N112.4bn Series 2…

Announcements Corporate Rating Alerts

GCR withdraws Transcorp Hotels Plc’s N10bn Series 1 Senior Unsecured Bond Rating

Jan 13, 2023

Tagged in: Nigeria

Lagos, 12 January 2023 – GCR Ratings (“GCR”) has withdrawn the national scale long-term Issue rating of BBB+(NG) accorded to Transcorp Hotels Plc’s N10bn Series…

Announcements Corporate Rating Alerts

GCR retire la notation de l’émission obligataire SIFCA 2013-2021 6,90% d’un montant de 35 milliards de FCFA.

Dec 22, 2022

Tagged in: West Africa

Action de notation Dakar, 22 Décembre 2022 – GCR Ratings (« GCR ») a retiré la notation de l’émission obligataire SIFCA 2013-2021 6,90% d’un montant…

Announcements Corporate Rating Alerts

GCR affirme la note d’émetteur de long terme de ‘BBB_(WU)’ de la Société Africaine de Plantations d’Hévéas (SAPH) sur son échelle régionale ; la perspective est stable.

Dec 22, 2022

Tagged in: Ivory Coast | West Africa

Action de notation Dakar, le 22 Décembre 2022 – GCR Ratings (« GCR ») a affirmé à la Société Africaine de Plantations d’Hévéas la note d’émetteur de…

Announcements Corporate Public Sector Rating Alerts

GCR affirms Enugu State Government of Nigeria’s ratings of BBB_(NG) / A3_(NG), on its resilience amid challenges in the operating environment; Outlook is stable.

Dec 22, 2022

Tagged in: Nigeria

Rating Action Lagos, 22 December 2022 – GCR Ratings (“GCR”) has affirmed the national scale long-term and short-term Issuer ratings of BBB(NG) and A3(NG) respectively…

Announcements Corporate Indicative Rating Actions Rating Alerts

GCR accords an indicative national scale long term Issue rating of AA-_(NG)_(EL)_(IR) to Chrisland School Funding SPV Plc’s proposed N6bn Series 1 Senior Secured Bond; Outlook Stable.

Dec 20, 2022

Tagged in: Nigeria

Lagos, Nigeria, 20 December 2022 – GCR Ratings (“GCR”) has assigned a national scale long term indicative Issue rating of AA-(NG)(EL)(IR) to Chrisland School Funding…

Announcements Corporate Rating Alerts

GCR révise la note d’émetteur de long terme du Groupe SIFCA de ‘BBB+_(WU)’ à ‘A-_(WU)’ sur son échelle régionale. La perspective est stable.

Dec 20, 2022

Tagged in: Ivory Coast | West Africa

Action de notation Dakar, le 20 Décembre 2022 – GCR Ratings (« GCR ») a révisé la note d’émetteur de long terme du Groupe SIFCA de ‘BBB+(WU)’…

Announcements Corporate Public Sector Rating Alerts

GCR affirms Plateau State Government of Nigeria’s Issuer ratings of BB_(NG) / B_(NG); Stable Outlook.

Dec 20, 2022

Tagged in: Nigeria

Lagos, 20 December 2022 – GCR Ratings (“GCR”) has affirmed the national scale long-term and short-term Issuer ratings of BB(NG) and B(NG) respectively assigned to…