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GLOBE TRADE CENTRE S.A. - Fitch Ratings assigns a BBB- corporate family rating to Globe Trade Centre SA

Release Date: 08/06/2021 14:31
Code(s): GTC     PDF:  
Wrap Text
Fitch Ratings assigns a BBB- corporate family rating to Globe Trade Centre SA

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: 9/2021

Date: 8 June 2021

Subject: Fitch Ratings assigns a BBB- corporate family rating (CFR) to Globe Trade Centre SA
and a provisional (P) BBB- 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.

The Management Board of Globe Trade Centre S.A. ("Company", “GTC”), hereby announces that Fitch
Ratings (“Fitch”) has assigned a BBB- corporate family rating (“CFR”) to GTC. Fitch also assigned a
provisional (“P”) BBB- 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 corporate rating is stable.

The rating report is available on https://www.fitchratings.com/research/corporate-finance/fitch-
assigns-globe-trade-centre-sa-first-time-bbb-idr-outlook-stable-08-06-2021

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 02:31:00
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