URBAN UBOMI 1 (RF) LIMITED - UBB1 - Credit rating upgrade announcement

UBB1 - Credit rating upgrade announcement

Urban Ubomi 1 (RF) Limited
Issuer Code: UBB1
("Urban Ubomi 1")


Credit Rating Upgrade Announcement

Urban Ubomi 1 is pleased to advise Noteholders that on 23 May 2025, GCR Ratings ("GCR") upgraded the ratings of the 
existing Class C Notes of the Issuer to A- (ZA)(sf) from BBB+(ZA)(sf). The Rating Outlook for the existing Class A 
and Class B Notes were affirmed and have been maintained as AAA(ZA)(sf) and A+(ZA)(sf) respectively.

GCR's credit rating announcement is publicly available on its website at:
GCR withdraws, affirms and upgrades ratings of various Classes of Notes of Urban Ubomi 1 (RF) Ltd – GCR Ratings

Johannesburg
11 June 2025

Debt Sponsor
The Standard Bank of South Africa Limited

Date: 11-06-2025 08:30:00
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