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EQUITES PROPERTY FUND LIMITED - GCR upgrades Equites issuer credit rating

Release Date: 28/08/2019 16:43
Code(s): EQU EQT002 EQT003     PDF:  
 
Wrap Text
GCR upgrades Equites issuer credit rating

EQUITES PROPERTY FUND LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2013/080877/06)
JSE share code: EQU   ISIN: ZAE000188843
JSE alpha code: EQUI
(Approved as a REIT by the JSE)
("Equites" or "the Company")


GCR UPGRADES EQUITES ISSUER CREDIT RATING


Equites' noteholders and shareholders are advised that Global Credit Rating Co. ("GCR") has undertaken a credit
rating review of the Company, the outcome of which has been to upgrade the long term national scale Issuer rating
assigned to Equites to A+(ZA) and to affirm the short term rating as A1+(ZA), with a Stable Outlook.

GCR's credit rating announcement is publicly available on its website at https://gcrratings.com/announcements/gcr-
revises-national-scale-issuer-rating-on-equites-property-fund-limited-to-aza-on-criteria-change-outlook-stable/.

28 August 2019

Sponsor
Java Capital

Nedbank Corporate and Investment Bank, a division of Nedbank Limited
Debt sponsor

Date: 28/08/2019 04:43:00
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