JSE-listed REIT Octodec Investments Limited today announced that Global Credit Ratings (GCR) had reaffirmed Octodec’s credit rating.
Shareholders and noteholders are advised that GCR undertook a credit rating review of Octodec, as guarantor of wholly owned subsidiary Premium Properties Limited’s Domestic Medium-Term Note Programme dated 23 February 2015. On 21 February 2023, GCR reaffirmed the long-term national scale issuer rating assigned to Octodec of A-(za) and the short-term issuer rating of A2(za), with the outlook stable.
GCR’s credit rating announcement is publicly available on GCR’s website at https://gcrratings.com/announcements/gcr-affirms-octodec-investments-limiteds-issuer-ratings-of-a-za-a2za-with-a-stable-outlook/
Shareholders and noteholders can also contact Elize Greeff at elizeg@octodec.co.za to request an electronic version.
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