TRANSACTION CAPITAL LIMITED - TCP TCII - GCR Ratings Revises the Outlook on Transaction Capital Limited Ratings to Stable
TCP TCII - GCR Ratings Revises the Outlook on Transaction Capital Limited Ratings to Stable
Transaction Capital Limited TransCapital Investments Limited
(Incorporated in the Republic of South Africa) (Incorporated in the Republic of South Africa)
Registration Number: 2002/031730/06 Registration Number: 2016/130129/06
JSE share code: TCP Bond company code : TCII
ISIN: ZAE000167391 LEI NUMBER: 378900AA31160C6B8195
("Transaction Capital" or "the Company")
GCR RATINGS REVISES THE OUTLOOK ON TRANSACTION CAPITAL LIMITED RATINGS
TO STABLE FOLLOWING THE SETTLEMENT OF MOST OF ITS DEBT AND LIABILITIES
GCR Ratings ("GCR") has affirmed the South African national scale long and short-term issuer credit ratings
of Transaction Capital Limited at A-(ZA) and A2(ZA) respectively. The rating Outlook has been revised to
Stable, from Rating Watch Negative. At the same time, the long-term international scale rating has been
affirmed at B+, with the rating Outlook revised to Stable, from Rating Watch Negative.
A full ratings report will be uploaded onto the website once made available by GCR. Shareholders and
noteholders are referred to the Company's website on https://transactioncapital.co.za/wpcontent/uploads/Transaction-Capital-2024-08-Rating-Announcement-TC.pdf
Sandton
16 August 2024
Enquiries:
Lisa Lill – Company Secretary
Email: lisal@transactioncapital.co.za
Sponsors:
Equity Sponsor: Investec Bank Limited
Debt Sponsor: Rand Merchant Bank (a division of FirstRand Bank Limited)
Date: 16-08-2024 05:30:00
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