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TUHF Urban Finance - Credit Rating Announcement
2021/05/11 13:15:00Download PDF Stock report
TUHF Urban Finance - Credit Rating Announcement TUHF Urban Finance (RF) Limited Incorporated in the Republic of South Africa (Registration number 2018/563485/06) (“TUHF Urban Finance” or “the Issuer”) Instrument Code: TU1A11 ISIN Code: ZAG000156167 Instrument Code: TU1B11 ISIN Code: ZAG000156175 Instrument Code: TU1D11 ISIN Code: ZAG000156183 CREDIT RATING ANNOUNCEMENT TUHF Urban Finance is pleased to advise Noteholders that on 18 March 2021, GCR Ratings (“GCR”) affirmed the Issuer’s long-term issue credit rating of its Class A1 Notes as AA-(ZA)(sf) and upgraded the long-term issue credit rating of its Class B Notes from BBB-(ZA)(sf) to BBB(ZA)(sf). The Rating Outlook for the Class A1 Notes and the Class B Notes has been maintained as Stable. The Class D Notes are unrated. GCR’s credit rating announcement is publicly available on its website at: https://gcrratings.com/announcements/gcr-affirms-rating-of-class-a-notes-and-upgrades-rating-of-class- b-notes-issued-by-tuhf-urban-finance-rf-ltd/ Johannesburg 11 May 2021 Debt Sponsor Merchantec Capital Date: 11-05-2021 01:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.