OMNIA HOLDINGS LIMITED - Credit Rating affirmed with a positive outlook by Global Credit Rating Co.
OMN 201508210027A
Credit Rating affirmed with a positive outlook by Global Credit Rating Co.
Omnia Holdings Limited
Incorporated in the Republic of South Africa
(Registration number 1967/003680/06)
Share code: OMN ISIN: ZAE000005153
(“Omnia” or “the Group”)
OMNIA CREDIT RATING AFFIRMED WITH A POSITIVE OUTLOOK BY GLOBAL CREDIT
RATING CO.
The board of directors of Omnia is pleased to announce that the rating agency Global Credit
Rating Co. (“GCR”) has affirmed Omnia’s long term rating of A- and Omnia’s short term rating of
A1- respectively, which ratings remain unchanged from the previous year.
The rating outlook was maintained as positive.
A rating of A- for national long term debt is defined by GCR as “High credit quality relative to
other issuers or obligations in the same country. Protection factors are good. However, risk
factors are more variable and greater in periods of economic stress”.
A rating of A1- for national short term debt is defined by GCR as “High certainty of timely
payment relative to other issuers or obligations in the same country. Liquidity factors are strong
and supported by good fundamental protection factors. Risk factors are very small”.
Johannesburg
21 August 2015
Sponsor
Merchantec Capital
1
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