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TRANSACTION CAPITAL LIMITED - GCR upgrades the long-term and short-term national and long-term international scale ratings of Transaction Capital

Release Date: 10/02/2022 07:05
Code(s): TCP TC002 TC001     PDF:  
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GCR upgrades the long-term and short-term national and long-term international scale ratings of Transaction Capital

Transaction Capital Limited                            TransCapital Investments Limited
(Incorporated in the Republic of South Africa)         (Incorporated in the Republic of South Africa)                
Registration No: 2002/031730/06                        (Registration No. 2016/130129/06)
JSE share code: TCP                                    JSE debt code: TCII                         
ISIN: ZAE000167391            
(“Transaction Capital” or “the Company”)                                                                     
  

GLOBAL CREDIT RATINGS UPGRADES THE LONG-TERM AND SHORT-TERM NATIONAL AND LONG-TERM INTERNATIONAL SCALE
ISSUER RATINGS OF TRANSACTION CAPITAL LIMITED TO A( ZA ), A1( ZA ) AND B+, RESPECTIVELY

Shareholders are hereby advised that Transaction Capital Limited’s long-term and short-term national
scale ratings have been upgraded by GCR Ratings (“GCR”) to A(za) from A-(za) and A1(za) from A2(za)
respectively . Transaction Capital Limited’s long-term unsolicited international scale ratings have been
upgraded to B+ from B. All outlooks were accorded as stable.


A full ratings report will be uploaded onto the website once made available by GCR. Shareholders are
referred to the Company’s website on www.transactioncapital.co.za.


Hyde Park
10 February 2022

Enquiries:
Investor Relations – Nomonde Xulu
Email: nomondex@transactioncapital.co.za

Sponsors:
Equity Sponsor: Investec Bank Limited
Debt Sponsor: Rand Merchant Bank (A division of FirstRand Bank Limited)

Date: 10-02-2022 07:05:00
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