FORTRESS REIT LIMITED - Moody's confirms issuer ratings of Fortress
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Moody's confirms issuer ratings of Fortress
FORTRESS REIT LIMITED
(previously Fortress Income Fund Limited)
(Incorporated in the Republic of South Africa)
(Registration number: 2009/016487/06)
JSE share codes: FFA ISIN: ZAE000248498
FFB ISIN: ZAE000248506
Company code: FORI
(Approved as a REIT by the JSE)
(“Fortress”)
MOODY’S CONFIRMS ISSUER RATINGS OF FORTRESS
On 27 March 2018, Moody's Investors Service (“Moody’s”) confirmed Fortress’ long-term issuer rating of
Baa3/Aa1.za and changed the outlook from “rating under review” to “stable”. This follows the confirmation
of the South African government’s issuer rating at Baa3 with a stable outlook.
The following ratings are applicable to Fortress:
- Long-Term Issuer Rating, confirmed at Baa3
- Short-Term Issuer Rating, confirmed at P-3
29 March 2018
Debt sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Sponsor
Java Capital
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