Global Investment Holdings’ ratings upgraded to ‘BBB+ (Trk)’ on the Long Term National Local Scale and to ‘A-2 (Trk)’ on the Short Term
26 September 2017
JCR Eurasia Rating, in its periodic review, has upgraded Global Investment Holdings (GIH or the Group) and its Cash Flows of Bond Issues to ‘BBB+ (Trk)’ on the Long Term National Local Scale and to ‘A-2 (Trk)’ on the Short Term National Local Scale.
JCR Eurasia Rating has evaluated GIH in an investment-level category on the national and international scales and upgraded the ratings on the Long Term National Scale from ‘BBB (Trk)’ to ‘BBB+ (Trk)’ and the Short Term National Scale from ‘A-3 (Trk)’ to ‘A-2 (Trk)’ within the scope of periodic review. The outlooks for the ratings are determined as ‘Stable’. Additionally, JCR Eurasia Rating has confirmed the Long Term International Foreign and Local Currency Ratings as ‘BBB-’.
Other notes and details of the ratings are provided below
| Long Term International Foreign Currency | : | BBB-/ (Stable Outlook) |
| Long Term International Local Currency | : | BBB- / (Stable Outlook) |
| Long Term National Local Rating | : | BBB+ (Trk) / (Stable Outlook) |
| Long Term National Issue Rating | : | BBB+ (Trk) |
| Short Term International Foreign Currency | : | A-3 / (Stable Outlook) |
| Short Term International Local Currency | : | A-3 / (Stable Outlook) |
| Short Term National Local Rating | : | A-2 (Trk) / (Stable Outlook) |
| Short Term National Issue Rating | : | A-2 (Trk) |
| Sponsor Support | : | 2 |
| Stand Alone | : | B |
