19 Aug - 1 min read

GCR upgrades Equites’ credit rating

GCR upgrades Equites’ credit rating

EQUITES PROPERTY FUND LIMITED
(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”)


GCR UPGRADES EQUITES’ CREDIT RATING


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-
upgrades-equites-rating-to-aa-za-a1za-on-sustained-strong-portfolio-performance-amidst-the-ongoing-
coronavirus-pandemic/

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

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
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.
Information on this Website is provided for general information purposes only and is not a substitute for professional advice. ASX Information (including company announcements and prices) is delayed by at least 20 minutes. JSE Information (including company announcements and prices) is delayed by at least 15 minutes. Reliance on the information you access on or from this Website is solely at your own risk. We make no representation or warranty in relation to the future performance of the companies that appear on this Website. Investment in securities involves risk and you should obtain independent professional legal, financial, investment or company advice before acting on any of the information you access on this Website. Using, browsing or otherwise accessing this Website is subject to our Terms and Conditions and our Privacy Policy.

© 2021 Listcorp. ABN 60 166 140 307

Never miss news from Equites Property Fund Limited (JSE:EQU) when you join Listcorp.