Indicative Rating Actions

GCR accords an Indicative Rating of AAA_(IR) to InfraFunding SPV Limited’s proposed N800m Series 2 (Tranche A) Guaranteed Fixed Rate Senior Infrastructure Bonds, Outlook Stable.

Jun 30, 2022

Tagged in: Nigeria

Lagos, Nigeria, 30 June 2022 – GCR Ratings (“GCR”) has assigned a national scale long term indicative Issue rating of AAA(NG)(IR)) to InfraFunding SPV Limited’s…

Announcements Corporate Indicative Rating Actions Rating Alerts

GCR assigns an Indicative Rating to Riverside Funding SPV Plc’s proposed N10bn Series 1 Senior Secured Bond Issue; Outlook Stable

Jun 23, 2022

Tagged in: Nigeria

Lagos, Nigeria, 23 June 2022 – GCR Ratings (“GCR”) has assigned a national scale long term indicative Issue rating of A-(NG)(EL)(IR) to Riverside Funding SPV…

Announcements Corporate Indicative Rating Actions Rating Alerts

GCR accords an Indicative Rating of A_(NG) to Geregu Sukuk Plc’s up to N20bn Series 2 Al-Ijarah Sukuk Issue; Outlook Stable

Jun 15, 2022

Tagged in: Nigeria

Lagos, Nigeria, 15 June 2022 – GCR Ratings (“GCR”) has assigned a national scale long term indicative Issue rating of A(NG)(IR) to Geregu Sukuk Plc’s…

Announcements Financial Institutions Indicative Rating Actions Rating Alerts

GCR assigns an Indicative Rating of BBB+_(NG)_(IR) to Accelerex SPV Plc’s N6bn Series 1 Senior Unsecured Bonds, Outlook Stable

May 13, 2022

Tagged in: Nigeria

Lagos, 13 May 2022 – GCR Ratings (“GCR”) has assigned a national scale long term indicative Issue rating of BBB+(NG)(IR) to Accelerex SPV Plc’s proposed…

Announcements Indicative Rating Actions Rating Alerts Structured Finance & Securitisation

GCR Assigns Indicative Rating of AAA_(ZA)_(sf)_(IR) with a Stable Outlook to the Series 8 Notes to be Issued by MW Asset Rentals (RF) Ltd

May 11, 2022

Tagged in: South Africa

Johannesburg, 11 May 2022 – GCR Ratings (“GCR”) has assigned the following national scale long term issue indicative credit rating and outlook to the following…

Announcements Corporate Indicative Rating Actions Rating Alerts

GCR assigns an Indicative rating of AA+_(NG)_(IR) to Dangote Industries Funding Plc’s proposed up to N300bn Series 1 Tranches A & B Bonds issue; Outlook Stable.

Apr 28, 2022

Tagged in: Nigeria

Lagos, 28 April 2022 – GCR Ratings (“GCR”) has assigned a national scale long term indicative rating of AA+(NG)(IR) to Dangote Industries Funding Plc’s proposed…

Announcements Corporate Indicative Rating Actions Rating Alerts

GCR places Chrisland School Funding SPV Plc’s Series 1 Secured Bond Issue’s indicative rating of A-_(NG)_(EL)_(IR) on Rating Watch Negative.

Apr 21, 2022

Tagged in: Nigeria

Lagos, 21 April 2022 – GCR Ratings (“GCR”) has placed the national scale long term indicative Issue rating of A-(NG)(EL)(IR) accorded to Chrisland School Funding…

Announcements Financial Institutions Indicative Rating Actions Rating Alerts

GCR assigns an Indicative Rating of AA_(NG)_(IR) to Shelter Afrique’s Series 1 Senior Unsecured Notes to be issued under its ₦200bn Domestic Bond Issuance Programme

Mar 30, 2022

Tagged in: South Africa

Johannesburg, 30 March 2022 – GCR Ratings (“GCR”) has assigned a national scale long term indicative issue rating of AA(NG)(IR) to Shelter Afrique’s Series 1…

Announcements Financial Institutions Indicative Rating Actions Rating Alerts

GCR assigns an Indicative Rating of AAA_(NG)_(IR) to LFZC Funding SPV Plc’s N25bn Series 2 Senior Guaranteed Fixed Rate Infrastructure Bonds, Outlook Stable.

Mar 16, 2022

Tagged in: Nigeria

Lagos, Nigeria, 16 March 2021 – GCR Ratings (“GCR”) has assigned a national scale long term indicative Issue rating of AAA(NG)(IR) to LFZC Funding SPV…

Announcements Corporate Indicative Rating Actions Rating Alerts

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

Feb 21, 2022

Tagged in: Nigeria

Lagos, Nigeria, 21 February 2022 – GCR Ratings (“GCR”) has assigned a national scale long term indicative Issue rating of A-(NG)(EL)(IR) to Chrisland School Funding…