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TRUSTCO GROUP HOLDINGS LIMITED - Global Credit Rating Announcement

Release Date: 18/10/2021 14:40
Code(s): TTO     PDF:  
Wrap Text
Global Credit Rating Announcement

Incorporated in the Republic of Namibia
(Registration number 2003/058)
Registered as an external company in South Africa
(External registration number 2009/002634/10)
NSX share code: TUC
JSE share code: TTO
OTCQX share code: TSCHY
ISIN Number: NA000A0RF067
(“Trustco” or “the Group”)


Shareholders are referred to announcement published on SENS on 2 November 2020 where
shareholders were advised that the Global Credit Rating Company (“GCR”) published the Company’s
long-term credit rating of CCC - (NA) and its short-term rating of C (NA) with the outlook as evolving.
GCR has on 18 October 2021 announced that it has placed Trustco’s rating on review extension as the
ratings process is ongoing and GCR expects to publicly release a ratings update by the end of
November 2021. The ratings accorded in the last review are still in effect and remain unchanged until
the ratings review process is completed.

Windhoek, Namibia,
18 October 2021

Komada Holdings (Pty) Ltd
Company Secretary and Investor Relations Services to Trustco Group Holdings Limited

JSE Sponsor
Vunani Sponsors - Johannesburg

NSX Sponsor
Simonis Storm Securities Proprietary Limited – Windhoek

OTCQX Sponsor
J.P Galda & Co – New York

Date: 18-10-2021 02:40:00
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