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GCR upgrades Omnia’s issuer ratings to BBB+(ZA)/A2(ZA) on further stabilisation of the financial profile, Outlook Stable

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Published: Monday, 07 September 2020 08:47

Johannesburg, 07 September 2020 – GCR Ratings (“GCR”) has upgraded Omnia Holdings Limited and Omnia Group Investments Limited’s long and short-term issuer ratings to BBB+(ZA) and A2(ZA) respectively, from BBB-(ZA) and A3(ZA) previously. The Outlook has also been revised to Stable, from Negative previously Download.