GROUP FIVE CONSTRUCTION LIMITED - Global Credit Rating Co (Pty) Limited Assigns Group Five Limited New Credit Ratings - GFC04
GFC04 201611010010A
Global Credit Rating Co (Pty) Limited Assigns Group Five Limited New Credit Ratings - GFC04
Group Five Construction Limited
(Incorporated in the Republic of South Africa)
(Registration number 1974/003166/06)
Company code: GPFI
(“Group Five” or “the Issuer”)
GLOBAL CREDIT RATING CO (PTY) LIMITED ASSIGNS GROUP FIVE LIMITED NEW CREDIT RATINGS
Noteholders are advised that Global Credit Ratings Co (Pty) Limited (“GCR”) has, on 31 October
2016, assigned new credit ratings to the Guarantor, Group Five Limited, as follows.
GCR assigned BBB+(ZA) and A2(ZA) in the long term and short term respectively; with the
outlook accorded as Stable.
The report may be retrieved at the below link
https://globalratings.net/news/article/gcr-downgrades-group-five-limiteds-rating-to-bbbza-outlook-
stable
1 November 2016
Rand Merchant Bank (a division of FirstRand Bank Limited)
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