Nqaba Finance 1 (RF) Ltd (May 2023)

Research
statistical-img (1)
Credit Reports

Over 1500 reports, spanning 22 countries, detailing GCR’s opinion regarding the creditworthiness of an entity, a security or financial instrument, or an issuer of securities or financial instruments.

industry-img (1)
Industry Reports

A collection of publications, providing you with key industry analysis and insights across various geographical regions.

SFresearchsite (1)
Monitoring Updates

Dashboards exhibit key performance metrics related to Structured Finance transactions publicly rated by GCR, which include credit enhancement levels, excess spread, defaults, recoveries and covenants.

Filename Nqaba-Finance-1-Structure-Public-Credit-Report-May-2023.pdf
Filesize 454.81 KB
Version paid report
Date added May 24, 2023
Downloaded 7 times
Category Credit Rating Reports, Structured Finance
Tags South Africa

On 25 April 2023, GCR Ratings (GCR) affirmed the national and international scale long-term issue ratings assigned to the existing Class A Notes issued by Nqaba Finance 1 (RF) Ltd (the Issuer or Nqaba) with Stable Outlooks. The national and international scale long-term issue ratings of the existing Class B and Class D Notes were upgraded with Stable Outlooks. The national and international scale long-term issue ratings of the existing Class C Notes were upgraded and affirmed respectively with Stable Outlooks.