Growthpoint - Moody's Investor Services Rating Update:
Growthpoint - Moody's Investor Services Rating Update
GROWTHPOINT PROPERTIES LIMITED
(Incorporated with limited liability in the Republic of South Africa under registration number 1987/004988/06)
(Bond issuer code: GRTI)
(“Growthpoint” or the “company”)
Moody’s Investor Service (“Moody’s”) Rating Change
Following the downgrade on the South African government sovereign rating to Ba1 with a negative outlook,
Moody’s downgraded the long-term issuer ratings of Growthpoint Properties Limited to Ba1 with a negative
outlook from Baa3. Moody’s has also revised the long-term national scale issuer rating to Aa1.za from Aaa.za.
Note holders are referred to Moody’s press release (Rating Action: Moody's takes rating actions on South African
corporates following sovereign downgrade) for any further information, available at www.moodys.com.
6 April 2020
Debt Sponsor
Absa Bank Limited (acting through its Corporate and Investment Bank division)
Date: 06-04-2020 10:59:00
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