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Hospitality Property Fund (RF) Limited – Ratings Update

Johannesburg, 7 November 2017—Global Credit Ratings (“GCR”) continues to monitor the ongoing changes to the pool of secured properties under the Hospitality Property Fund Limited’s (“HPF&rdq...

07 Nov 2017 In Market Alerts

GCR places Tausi Assurance Company Limited’s rating ‘Under Review’

Johannesburg, 31 October 2017—Global Credit Ratings has today placed Tausi Assurance Company Limited’s national scale claims paying ability rating of A(KE), ‘Under review’. While the rating is exp...

31 Oct 2017 In Market Alerts

GCR extends Swan Life Ltd’s ‘Under Review’

Johannesburg, 31 October 2017—Global Credit Ratings (“GCR”) has extended the ‘Under Review’ applicable to Swan Life Ltd’s national scale financial strength rating of AA-(MU) and intern...

31 Oct 2017 In Market Alerts

GCR extends Swan General Ltd’s ‘Under Review’

Johannesburg, 31 October 2017—Global Credit Ratings (“GCR”) has extended the ‘Under Review’ applicable to Swan General Ltd’s national scale claims paying ability rating of AA-(MU) and ...

31 Oct 2017 In Market Alerts

GCR extends ‘Under Review’ of Real People Investment Holdings Limited.

Johannesburg, 31 October 2017—Global Credit Ratings (“GCR”) has extended the ‘Under review’ applicable to Real People Investment Holdings Limited’s (“Real People”, “t...

31 Oct 2017 In Market Alerts

GCR places Joint Reinsurance Company of Member States of CIMA’s ratings ‘Under Review’

Johannesburg, 31 October 2017—Global Credit Ratings (“GCR”) has today placed Joint Reinsurance Company of Member States of CIMA’s (“CICA Re”) national scale claims paying ability ratin...

31 Oct 2017 In Market Alerts

GCR places the ratings of Kenya Police Sacco Society Limited ‘Under Review’.

Johannesburg, 31 October 2017—Global Credit Ratings (“GCR”) has placed the national scale ratings assigned to Kenya Police Sacco Society Limited of BB+(KE) and B(KE) in the long-term and short-term resp...

31 Oct 2017 In Market Alerts

GCR extends ‘Under Review’ of Seguradora Internacional de Mocambique, S.A.

Johannesburg, 31 October 2017—Global Credit Ratings has extended the ‘Under review’ applicable to Seguradora Internacional de Mocambique, S.A.’s national scale claims paying ability rating of AA-(...

31 Oct 2017 In Market Alerts

GCR places The Standard Insurance Co., Inc’s ratings ‘Under Review’

Johannesburg, 31 October 2017—Global Credit Ratings (“GCR”) has today placed The Standard Insurance Co., Inc’s national scale claims paying ability rating of A(PH) and international scale claims p...

31 Oct 2017 In Market Alerts

Torque Securitisation (RF) Limited – Rating ‘Under Review’

Johannesburg, 31 October 2017—Global Credit Ratings (“GCR”) has placed the final, public long-term credit ratings accorded to the following securities issued by Torque Securitisation (RF) Limited (the &...

31 Oct 2017 In Market Alerts

GCR places eThekwini Metropolitan Municipality’s national scale ratings ‘Under Review’

Johannesburg, 31 Oct 2017—Global Credit Ratings has today placed eThekwini Metropolitan Municipality’s national scale Issuer ratings “Under Review.” The ratings were scheduled to be reviewed by 31...

31 Oct 2017 In Market Alerts

GCR extends Phoenix of Uganda Assurance Company Limited’s ‘Under Review’

Johannesburg, 31 October 2017—Global Credit Ratings (“GCR”) has today extended Phoenix of Uganda Assurance Company Limited’s ‘Under review’. While the ‘Under Review’ is exp...

31 Oct 2017 In Market Alerts

Evolution Future Flow Securities (RF) Ltd - Ratings withdrawn

Johannesburg, 30 October 2017 – Global Credit Ratings (“GCR”) has withdrawn the final, public long-term credit rating of ‘A(ZA)(sf)’ with a Stable outlook accorded to the following Notes iss...

30 Oct 2017 In Rating Notifications, Market Alerts

GCR withdraws THI Insurance (Private) Limited’s national scale rating

Johannesburg, 26 October 2017—Global Credit Ratings (“GCR”) has today withdrawn THI Insurance (Private) Limited’s (“THI”) national scale claims paying ability rating of BBB-(ZW). The r...

26 Oct 2017 In Market Alerts

GCR places Commissioner Street No. 4 (RF) Ltd ratings ‘Under Review’

Johannesburg, 24 October 2017—Global Credit Ratings has today placed the following final, public long-term credit ratings accorded to the following Notes issued by Commissioner Street No. 4 (RF) Ltd, (‘the Is...

24 Oct 2017 In Market Alerts

GCR withdraws The Thekwini Fund 11 (RF) Limited TH11A1, TH11A4 and TH11A7 Notes Ratings on Notes Red

Johannesburg, 20 October 2017—Global Credit Ratings (“GCR”) has withdrawn the final, public long-term credit ratings accorded to the following Class A Notes issued by The Thekwini Fund 11 (RF) Ltd (the ...

20 Oct 2017 In Market Alerts

GCR withdraws Curro’s COH002 Senior Secured Notes Rating on early redemption

Johannesburg, 17 October 2017—Global Credit Ratings (“GCR”) has withdrawn the final, public long-term credit rating of ‘A(ZA)’ with a ‘Stable’ Outlook accorded to the COH002 Seni...

17 Oct 2017 In Market Alerts

South African Securitisation Programme (RF) Limited Series 3 – Rating ‘Under Review’

Johannesburg, 29 September 2017—Global Credit Ratings (“GCR”) has placed the final, public long-term credit ratings accorded to the following securities issued by the South African Securitisation Progra...

29 Sep 2017 In Market Alerts

GCR places Kenya Kazi Limited’s national scale ratings ‘Under Review’

Johannesburg, 29 Sep 2017—Global Credit Ratings has today placed Kenya Kazi Limited’s national scale Issuer ratings “Under Review.” While the ratings were scheduled to be reviewed by 30 September 2017, GCR is far...

29 Sep 2017 In Market Alerts

GCR places APA Life Assurance Limited’s national scale rating ‘Under Review’

Johannesburg, 29 September 2017—Global Credit Ratings (“GCR”) has today placed APA Life Assurance Limited’s national scale financial strength rating of BBB+(KE) ‘Under Review’. While the rating is expirin...

29 Sep 2017 In Market Alerts

GCR places the ratings of Steward Bank Limited ‘Under Review’.

Johannesburg, 29 September 2017—Global Credit Ratings (“GCR”) has placed the national scale ratings assigned to Steward Bank Limited of BBB-(ZW) and A3(ZW) in the long-term and short-term respectively ‘Under ...

29 Sep 2017 In Market Alerts

GCR places Seguradora Internacional de Mocambique, S.A.’s national scale rating ‘Under Review’

Johannesburg, 29 September 2017—Global Credit Ratings (“GCR”) has today placed Seguradora Internacional de Mocambique, S.A’s national scale claims paying ability rating of AA-(MZ) ‘Under Review’. While th...

29 Sep 2017 In Market Alerts

GCR places THI Insurance (Private) Limited’s national scale rating ‘Under Review’

Johannesburg, 29 September 2017—Global Credit Ratings (“GCR”) has today placed THI Insurance (Private) Limited’s national scale claims paying ability rating of BBB-(ZW) ‘Under Review’. While the rating is...

29 Sep 2017 In Market Alerts

GCR places The Jubilee Insurance Company of Tanzania Limited’s national scale rating ‘Under Review’

Johannesburg, 29 September 2017—Global Credit Ratings (“GCR”) has today placed The Jubilee Insurance Company of Tanzania Limited’s national scale claims paying ability rating of A+(TZ) ‘Under Review’. Whi...

29 Sep 2017 In Market Alerts

GCR places Sanlam Life Insurance (Tanzania) Limited’s national scale rating ‘Under Review’

Johannesburg, 29 September 2017—Global Credit Ratings (“GCR”) has today placed Sanlam Life Insurance (Tanzania) Limited’s national scale financial strength rating of AA-(TZ) ‘Under Review’. While the rati...

29 Sep 2017 In Market Alerts

Global Credit Ratings withdraws Shelter Afrique’s ratings.

Johannesburg, 29 September 2017 — Global Credit Ratings (“GCR”) has withdrawn The Company for Habitat and Housing in Africa’s (“Shelter Afrique”) national scale long and short term ratings and international s...

29 Sep 2017 In Market Alerts

GCR places ICEA Lion General Insurance Company (Tanzania) Limited’s national scale rating ‘Under Rev

Johannesburg, 29 September 2017—Global Credit Ratings (“GCR”) has today placed ICEA Lion General Insurance Company (Tanzania) Limited’s national scale claims paying ability rating of A(TZ) ‘Under Review’....

29 Sep 2017 In Market Alerts

GCR extends Phoenix of East Africa Assurance Company Limited’s ‘Under Review’

Johannesburg, 29 September 2017—Global Credit Ratings (“GCR”) has today extended Phoenix of East Africa Assurance Company Limited’s ‘Under review’. While the ‘Under Review’ is expiring on 30 September...

29 Sep 2017 In Market Alerts

GCR places The Heritage Insurance Company Tanzania Limited‘s national scale rating ‘Under Review’

Johannesburg, 29 September 2017—Global Credit Ratings (“GCR”) has today placed The Heritage Insurance Company Tanzania Limited’s national scale claims paying ability rating of AA-(TZ) ‘Under Review’. Whil...

29 Sep 2017 In Market Alerts

GCR places SIC Insurance Company Limited’s rating ‘Under Review’

Johannesburg, 29 September 2017—Global Credit Ratings (“GCR”) has today placed SIC Insurance Company Limited’s national scale claims paying ability rating of A-GH) ‘Under Review’. While the rating is expi...

29 Sep 2017 In Market Alerts

GCR places Tanzania Reinsurance Company Limited’s ratings ‘Under Review’

Johannesburg, 29 September 2017—Global Credit Ratings (“GCR”) has today placed Tanzania Reinsurance Company Limited’s national scale claims paying ability rating of A+(TZ) and international scale claims payin...

29 Sep 2017 In Market Alerts

GCR places Alliance Insurance Corporation Limited‘s national scale rating ‘Under Review’

Johannesburg, 29 September 2017—Global Credit Ratings (“GCR”) has today placed Alliance Insurance Corporation Limited’s national scale claims paying ability rating of AA-(TZ) ‘Under Review’. While the rat...

29 Sep 2017 In Market Alerts

GCR places Reliance Insurance Company (Tanzania) Limited‘s national scale rating ‘Under Review’

Johannesburg, 29 September 2017—Global Credit Ratings (“GCR”) has today placed Reliance Insurance Company (Tanzania) Limited’s national scale claims paying ability rating of A+(TZ) ‘Under Review’. While t...

29 Sep 2017 In Market Alerts

GCR places Swan General Ltd’s rating ‘Under Review’

Johannesburg, 29 September 2017—Global Credit Ratings (“GCR”) has today placed Swan General Ltd’s national scale claims paying ability rating of AA-(MU) and international scale claims paying ability rating of...

29 Sep 2017 In Market Alerts

GCR places Swan Life Ltd’s rating ‘Under Review’

Johannesburg, 29 September 2017—Global Credit Ratings (“GCR”) has today placed Swan Life Ltd’s national scale financial strength rating of AA-(MU) and international scale rating of BBB ‘Under review’. Whi...

29 Sep 2017 In Market Alerts

GCR places FTG Holdings Ltd’s national scale ratings ‘Under Review’

GCR places FTG Holdings Ltd’s national scale ratings ‘Under Review’ Johannesburg, 26 Sep 2017—Global Credit Ratings has today placed FTG Holdings Ltd’s national scale Issuer ratings “U...

26 Sep 2017 In Market Alerts

Adcorp Holdings Ltd Issuer and Group 1 Notes: update on Rating Watch

Johannesburg, 19 September 2017 – This market alert follows rating action taken in June 2017, where Global Credit Ratings (“GCR”) downgraded Adcorp Holdings Limited’s (“Adcorp”) nation...

19 Sep 2017 In Market Alerts

GCR places Enterprise Insurance Company Limited’s rating ‘Under Review’

Johannesburg, 1 September 2017—Global Credit Ratings (“GCR”) has placed Enterprise Insurance Company Limited’s national scale claims paying ability rating of A+(GH) “Under Review”. Whi...

01 Sep 2017 In Market Alerts

GCR places UAP Insurance South Sudan Limited’s national scale rating ‘Under Review’

Johannesburg, 01 September 2017—Global Credit Ratings (“GCR”) has today placed UAP Insurance South Sudan Limited’s national scale claims paying ability rating of BBB+(SS) ‘Under Review’. While the rating ...

01 Sep 2017 In Market Alerts

GCR places Mainstream Reinsurance Company Limited’s ratings ‘Under Review’

Johannesburg, 01 September 2017—Global Credit Ratings (“GCR”) has today placed Mainstream Reinsurance Company Limited’s (“Mainstream Re”) national scale claims paying ability rating of A(GH), ‘Under Rev...

01 Sep 2017 In Market Alerts

GCR places Phoenix of East Africa Assurance Company’s rating ‘Under Review’

Johannesburg, 1 September 2017—Global Credit Ratings has today placed Phoenix of East Africa Assurance Company Limited’s national scale rating of A+(KE), ‘Under review’. While the rating recently expired, GCR...

01 Sep 2017 In Market Alerts

GCR withdraws Curro’s COH001 Senior Secured Notes Rating on early redemption

Johannesburg, 31 August 2017—Global Credit Ratings (“GCR”) has withdrawn the final, public long-term credit rating of ‘A(ZA)’ with a ‘Stable’ Outlook accorded to the COH001 Senio...

31 Aug 2017 In Rating Notifications, Market Alerts

GCR extends the “Under Review” status of Delta Property Fund Limited’s Issuer ratings

Johannesburg, 31 August 2017—Global Credit Ratings (“GCR”) has extended the “Under Review” status applicable to Delta Property Fund Limited’s (“Delta”) national scale Issuer ratings of BBB+(ZA) and A2...

31 Aug 2017 In Market Alerts

GCR places the ratings of Equity Group Holdings Limited ‘Under Review’.

Johannesburg, 31 August 2017—Global Credit Ratings (“GCR”) has placed the national scale ratings assigned to Equity Group Holdings Limited of AA-(KE) and A1+(KE) in the long-term and short-term respectively ‘...

31 Aug 2017 In Market Alerts

GCR places Safari Investments’ national scale ratings ‘Under Review’

Johannesburg, 28 August 2017—Global Credit Ratings has today placed Safari Investments’ national scale Issuer ratings “Under Review.” While the ratings were scheduled to be reviewed by 31 August 2017, GCR is far ...

28 Aug 2017 In Market Alerts

GCR places Emira Property Fund Senior Secured Floating Rate Notes ratings ‘Under Review’

Johannesburg, 21 August 2017—Global Credit Ratings (“GCR”) has today placed the following final, public long-term credit ratings accorded to the following Notes issued by Emira Property Fund, (“th...

21 Aug 2017 In Market Alerts

GCR extends Sanlam Life Insurance Limited’s ‘Under Review’

Johannesburg, 15 August 2017 – Global Credit Ratings (“GCR”) has today extended the ‘Under Review’ applicable to Sanlam Life Insurance Limited’s (formerly “Pan Africa Life Assurance Limited”) national sca...

15 Aug 2017 In Market Alerts

GCR affirms Regent Insurance Company Limited’s rating of AA-(ZA); Outlook Stable.

Johannesburg, 1 August 2017—Global Credit Ratings has today affirmed the national scale claims paying ability rating assigned to Regent Insurance Company Limited of AA-(ZA), with the outlook accorded as Stable. Glo...

01 Aug 2017 In Rating Notifications, Market Alerts

GCR places Phoenix of Uganda Assurance Company Limited’s rating ‘Under Review’

Johannesburg, 1 August 2017—Global Credit Ratings has placed Phoenix of Uganda Assurance Company Limited’s national scale claims paying ability rating of A(UG) “Under Review”. While the rating rec...

01 Aug 2017 In Market Alerts

GCR places the ratings of Trustco Group Holdings Limited ‘Under Review’.

Johannesburg, 01 August 2017—Global Credit Ratings (“GCR”) has placed the national scale ratings assigned to Trustco Group Holdings Limited (“Trustco”, “the group”) of BBB+(NA) and A2(NA) in the long-te...

01 Aug 2017 In Market Alerts

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