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OCTODEC INVESTMENTS LIMITED - Octodec / Premium Properties: Global Credit Rating affirms issuer ratings of Octodec

Release Date: 22/06/2022 17:40
Code(s): OCT PMM57 PMM56 PMM58     PDF:  
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Octodec / Premium Properties: Global Credit Rating affirms issuer ratings of Octodec

OCTODEC INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1956/002868/06)
JSE share code: OCT ISIN: ZAE000192258
(Approved as a REIT by the JSE)
("Octodec" or "the company")

PREMIUM PROPERTIES LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1994/003601/06)
JSE alpha code: BIPPL
LEI: 37890059F4C0AE114761


GLOBAL CREDIT RATING AFFIRMS ISSUER RATINGS OF OCTODEC


Shareholders and noteholders are advised that Global Credit Ratings ("GCR") has undertaken a credit rating review
of Octodec, as guarantor of wholly-owned subsidiary Premium Properties Limited's Domestic Medium-Term Note
Programme dated 23 February 2015. On 21 June 2022, GCR re-affirmed the long-term national scale issuer rating
assigned to Octodec of A-(za) and the short-term issuer rating of A2(za), with the outlook revised from Negative
to Stable.

GCR’s credit rating announcement is publicly available on GCR's website at
https://gcrratings.com/announcements/gcr-affirms-octodec-investments-limiteds-ratings-of-a-za-a2za-and-
revises-the-outlook-to-stable-from-negative/. Shareholders and noteholders can also contact Elize Greeff at
elizeg@octodec.co.za to request an electronic version.

22 June 2022

Sponsor
Java Capital

Debt Sponsor to Premium Properties Limited
Nedbank CIB, a division of Nedbank Limited
Date: 22-06-2022 05:40:00
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