Indicative Rating Actions

GCR accords an Indicative BBB+_(NG) Rating to Accelerex SPV Plc’s proposed N6bn Series 1 Senior Unsecured Bond Issue

May 14, 2021

Tagged in: Nigeria

Lagos, Nigeria, 14 May 2021 – GCR Ratings (“GCR”) has assigned a national scale long term indicative Issue rating of BBB+(NG)(IR) to Accelerex SPV Plc’s…

Announcements Financial Institutions Indicative Rating Actions Rating Alerts

GCR accords an Indicative Rating to Family Homes Sukuk Issuance Programme Plc’s proposed N10bn Series 1 Sukuk Issue

May 11, 2021

Tagged in: Nigeria

Lagos, Nigeria, 11 May 2021 – GCR Ratings (“GCR”) has assigned a national scale long term indicative rating of BBB+(NG)(IR) to Family Homes Sukuk Issuance…

Announcements Corporate Indicative Rating Actions Rating Alerts

GCR accords an Indicative BBB_(NG)_(IR) National Scale Rating to Daraju Industries Funding Plc’s proposed N10bn Series 1 Senior Unsecured Bond Issue.

Apr 19, 2021

Tagged in: Nigeria

Lagos, Nigeria, 19 April 2021 – GCR Ratings (“GCR”) has assigned a national scale long term indicative rating of BBB(NG)(IR) to Daraju Industries Funding Plc’s…

Announcements Financial Institutions Indicative Rating Actions Rating Alerts

GCR Assigns an Indicative Rating of BBB-_(NG)_(IR) to WSTC Financing SPV Plc’s Proposed N5bn Series 1 Senior Unsecured Bonds

Apr 16, 2021

Tagged in: Nigeria

Lagos, 16 April 2021 – GCR Ratings (“GCR”) has assigned a national scale long term indicative rating of BBB-(NG)(IR) to WSTC Financing SPV Plc’s proposed…

Announcements Corporate Indicative Rating Actions Rating Alerts

GCR accords an Indicative Rating to Dangote Cement Plc’s proposed N300bn Series 1 (Tranche A–C) Senior Unsecured Bond Issue

Mar 30, 2021

Tagged in: Nigeria

Lagos, Nigeria, 30 March 2021 – GCR Ratings (“GCR”) has assigned a national scale long term indicative rating of AAA(NG)(IR)) to Dangote Cement Plc’s proposed…

Announcements Indicative Rating Actions Rating Alerts Structured Finance

GCR Assigns Indicative Ratings and Affirms Existing Ratings of Notes Issued by MW Asset Rentals (RF) Ltd; Outlook Stable.

Feb 9, 2021

Tagged in: South Africa

Rating Action Johannesburg, 09 February 2021 – GCR Ratings (“GCR”) has assigned the following national scale long term indicative issue credit rating and outlook to…

Announcements Indicative Rating Actions Rating Alerts Structured Finance

GCR accords indicative credit ratings to the Notes to be issued by Urban Ubomi 1 (RF) Limited

Feb 1, 2021

Tagged in: South Africa

Rating Action Johannesburg, 1 February 2021 – GCR Ratings (“GCR”) has accorded the following indicative credit ratings to the various Classes of Notes to be…

Announcements Corporate Indicative Rating Actions Rating Alerts

GCR Accords an Indicative Rating of BBB+_(NG) to Proposed C&I Leasing Plc’s Series 2 Bonds.

Jan 15, 2021

Tagged in: Nigeria

Lagos Nigeria, 15 January 2021 — Global Credit Ratings has accorded an indicative national scale rating of BBB+(NG) to proposed C&I Leasing Plc’s Series 2…

Announcements Indicative Rating Actions Rating Alerts Structured Finance

GCR assigns indicative ratings to the Notes issued by AB Finco 1 (RF) Limited under its Series 1, 3, 4 and 7.

Dec 12, 2019

Tagged in: South Africa

Rating Action Johannesburg, 12 December 2019 – GCR Ratings (“GCR”) assigned the following indicative national scale long-term issue credit ratings and outlooks to the following…

Announcements Indicative Rating Actions Rating Alerts Structured Finance

GCR Assigns Indicative Ratings and Affirms Existing Ratings of Notes Issued by MW Asset Rentals (RF) Ltd; Outlook Stable.

Nov 4, 2019

Tagged in: South Africa

Rating Action Johannesburg, 04 November 2019 – GCR Ratings (“GCR”) has assigned the following national scale long term issue Indicative credit rating and outlook to…

GCR's RESPONSE TO COVID-19

GCR continues to monitor the ever-evolving situation surrounding the COVID-19 pandemic. The health and well-being of our staff members and all our stakeholders is of the utmost importance to us.

GCR has taken a number of precautionary measures to minimise the likelihood of transmission and impact, while our staff members have been strongly encouraged to work remotely from home.

GCR has in place secure technological platforms that will enable the best possible remote engagements with our rated issuers, the investor community and all other market participants.

GCR continues to actively monitor the countries, sectors and issue(r)s within its ratings universe, and will continue to provide timely and accurate credit ratings, alongside useful credit research regarding market developments.

GCR thanks you for your continued support and trust, particularly in these challenging times.

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