PSG Konsult credit rating upgraded
29 August 2014
The rating agency Global Credit Rating Company (“GCR”) upgraded PSG Konsult’s long-term rating to BBB+ (previously BBB) today, 28 August 2014. It also confirmed PSG Konsult’s short-term rating of A2 with the outlook accorded as Stable. This is as a result of PSG Konsult’s strong operational performance over the past two years, as well as the enhanced access to capital and other funding offered by the JSE listing. This is the highest credit rating PSG Konsult has received to date.