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GLOBE TRADE CENTRE S.A. - Moody's Investors Service assigns a Ba1 corporate family rating to Globe Trade Centre SA

Release Date: 08/06/2021 13:12
Code(s): GTC     PDF:  
Wrap Text
Moody's Investors Service assigns a Ba1 corporate family rating to Globe Trade Centre SA

GLOBE TRADE CENTRE S.A.
GLOBE TRADE CENTRE S.A.
(Incorporated and registered in Poland with KRS No. 61500)
(Share code on the WSE: GTC.S.A)
(Share code on the JSE: GTC ISIN: PLGTC0000037)
(“GTC” or “the Company”)


Current report number: 8/2021

Date: 8 June 2021

Subject: Moody's Investors Service assigns a Ba1 corporate family rating (CFR) to Globe Trade
Centre SA and a provisional (P) Ba1 rating to the proposed EUR 500 million fixed rate, senior
unsecured green bonds to be issued by GTC Aurora Luxembourg S.A. (publ) and guaranteed
by Globe Trade Centre S.A. Outlook for the assigned rating is positive.

The Management Board of Globe Trade Centre S.A. ("Company", “GTC”), hereby announces that
Moody's Investors Service ("Moody's") has assigned a Ba1 corporate family rating (“CFR”) to GTC.
Moody's also assigned a provisional (“P”) Ba1 rating to the proposed EUR 500 million fixed rate, senior
unsecured green bonds due 2026, to be issued by GTC Aurora Luxembourg S.A. (publ), a wholly-owned
subsidiary of GTC, and guaranteed by GTC. Outlook for the assigned rating is positive.

The rating report is available on https://www.moodys.com/research/Moodys-assigns-Ba1-ratings-to-
Globe-Trade-Centre-SA-and--PR_448051

A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision,
suspension or withdrawal at any time by the assigning rating organisation. Similar ratings for different
types of issuers and on different types of securities do not necessarily mean the same thing. The
significance of each rating should be analysed independently from any other rating.

Legal grounds: § 17(1) of Regulation (EU) No 596/2014 of the European Parliament and of the Council
of 16 April 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the
European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and
2004/72/EC – inside information.

Signed by:



/s/ Yovav Carmi                             /s/ Ariel Alejandro Ferstman
President of the Management Board           Member of the Management Board


Warsaw, Poland
Sponsor: Investec Bank Limited

Date: 08-06-2021 01:12:00
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