GCR Ratings affirms Vukile issuer rating
GCR Ratings affirms Vukile issuer rating VUKILE PROPERTY FUND LIMITED (Incorporated in the Republic of South Africa) (Registration number 2002/027194/06) JSE share code: VKE NSX share code: VKN ISIN: ZAE000180865 Bond company code: VKEI (Granted REIT status with the JSE) GCR RATINGS AFFIRMS VUKILE ISSUER RATING Vukile noteholders and shareholders are advised that Global Credit Rating Company Limited. (“GCR”) released a credit rating announcement in which Vukile's rating has remained unchanged and GCR has affirmed the national scale issuer rating of AA-(za) and A1+(za), for the long and short-term respectively, with a Stable Outlook. Concurrently, the ratings assigned to outstanding Senior Secured Group 1 Notes issued by Vukile has remained unchanged and been affirmed at AAA(ZA)(EL), with a Stable Outlook. According to GCR, the issuer rating reflects “Vukile’s high quality, geographically diversified portfolio of largely convenience-based retail properties in South Africa and Spain, as well as its commitment to preserving the balance sheet and liquidity.” GCR’s credit rating announcement is publicly available on its website at https://gcrratings.com/announcements/ 16 July 2020 Debt sponsor and sponsor Java Capital Date: 16-07-2021 08:30:00 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.