19 Aug - 1 min read

GCR upgrades Equites’ credit rating

GCR upgrades Equites’ credit rating

(Incorporated in the Republic of South Africa)
(Registration number 2013/080877/06)
Share code: EQU ISIN: ZAE000188843
Debt company code: EQUI
(Approved as a REIT by the JSE)
(“Equites” or “the company”)


Equites’ noteholders and shareholders are advised that GCR Ratings (“GCR”) has undertaken a credit rating
review of the Company, the outcome of which has been to upgrade the national scale long and short-term
ratings from A+(ZA) and A1(ZA) to AA-(ZA) and A1+(ZA) respectively and have changed the outlook from
“positive” to “stable”.

GCR's credit rating announcement is available on its website at https://gcrratings.com/announcements/gcr-

GCR's credit rating announcement is also available on the Equites website at https://equites.co.za/investor-

19 August 2021

Sponsor                                               Debt Sponsor
Java Capital                                          Nedbank Corporate and Investment Banking
                                                      (a division of Nedbank Limited)

Date: 19-08-2021 02:00:00
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