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OCTODEC INVESTMENTS LIMITED - Global Credit Rating affirms Issuer Ratings of Octodec

Release Date: 27/09/2019 17:35
Code(s): OCT     PDF:  
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Global Credit Rating affirms Issuer Ratings of Octodec

OCTODEC INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1956/002868/06)
JSE share code: OCT ISIN: ZAE000192258
(Approved as a REIT by the JSE)
(“Octodec” or “the company”)


GLOBAL CREDIT RATING AFFIRMS ISSUER RATINGS OF OCTODEC


Shareholders are advised that Global Credit Ratings (“GCR”) has undertaken 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 27 September 2019, GCR re-affirmed the long-term national scale issuer rating assigned to
Octodec of A-(za) and has revised the short-term issuer rating to A2(za) (on the change in GCR’s Rating Scales, Symbols
and Definitions, May 2019), with the outlook accorded as stable.

GCR’s credit rating announcement is publicly available on GCR’s website at:
https://gcrratings.com/announcements/gcr-affirms-octodec-investments-limiteds-issuer-rating-of-a-za-on-the-back-of-
sustained-financial-discipline-outlook-stable/.

27 September 2019


Sponsor

Java Capital

Date: 27/09/2019 05:35:00
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