GLOBAL CREDIT RATINGS ACCORDS INITIAL CREDIT RATING ON UNTU CAPITAL
21 Nov 2017Global Credit Ratings Company (GCR) has initiated a Credit Rating on Untu Capital and has assigned it a national scale rating of BB and B in the long and short term respectively. Untu Capital intends to raise local funding to finance its on-lending activities in the form of an unsubordinated debentures issuance with maturities of 12, 24 and 36 months. GCR is a leading African Credit Rating Agency.
Link to GCR Rating
https://globalratings.net/news/article/gcr-accords-an-initial-rating-of-bbzw-to-untu-capital-limited-outlook-posit