PMM43 PMM45 PMM39 PMM40 PMM38 PMM44 201808230029A
Credit Rating Announcement - BIPPL
PREMIUM PROPERTIES LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1994/003601/06)
JSE alpha code: BIPPL
(“Premium” or the “Company”)
CREDIT RATING ANNOUNCEMENT
Noteholders are advised that Global Credit Ratings (“GCR”) has undertaken a credit rating review of
the Company’s guarantor, Octodec Investments Limited (“Octodec”), of its Domestic Medium Term
Note Programme dated 23 February 2015. GCR has reaffirmed the national scale Issuer ratings
assigned to Octodec at A-(ZA) and A1-(ZA) in the long term and short term respectively, with the
outlook accorded as Stable on 21 August 2018.
A copy of the rating report can be obtained on request. Noteholders can contact Anthony Stein,
anthony@cityprop.co.za, or Doris Thiele, doristh@nedbank.co.za (as Debt Sponsor) for a copy of the
rating report.
23 August 2018
Debt Sponsor: Nedbank Corporate and Investment Bank, a division of Nedbank Limited
Date: 23/08/2018 11:45:00 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.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
