The Dashboard covers the period from November 2018 to May 2020 and is part of GCR’s performance monitoring process and does not constitute ra...
The Transaction has two Subordinated Loans outstanding with an aggregate value of R145,645,00. These are unrated and held by Merchant West (Pty) Lt...
The months of May and June 2020 saw an increase in arrears and a relative decrease in collections to book balance. This is reflective of the impact...
GCR modelled the Transaction’s cash flows according to its final capital structure and priorities of payments, applying its Criteria for Rati...
The Dashboard covers the period from August 2019 to August 2020 and is part of GCR’s performance monitoring process and does not constitute r...
Annualised negative excess spread of -1.8% was reported at May 2020. This reflects the impact of the economic lockdown implemented in the months of...
The Dashboard covers the period from June 2018 to September 2019 and is part of GCR’s performance monitoring process and does not constitute...