General Capital Limited (NZX: GEN) Equifax Affirms General Finance BB- Rating

General Finance Limited, licensed Non-bank Deposit Taker and wholly owned subsidiary of General Capital Limited, has had its credit rating reaffirmed.

The Board of General Capital is pleased to announce that Equifax Australasia Credit Ratings Pty Ltd (“Equifax”) has affirmed General Finance Limited’s credit rating of BB- with a stable outlook based on their review of the 30 September 2020 Financial Statements. This rating is described by Equifax in their report as “near prime with low to moderate risk”.

A copy of the report can be found on General Finance’s website www.generalfinance.co.nz or alternatively from the disclose register at www.disclose-register.companiesoffice.govt.nz by searching for General Finance Limited.

Mr. Brent King, Managing Director said, “Given the issues with the Covid-19 pandemic and the impact on the wider economy, the Board of Directors are pleased with the affirmed credit rating.”

Please see the link below for details:

Equifax affirms General Finance BB- rating

Source: General Capital Limited

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

Rua Bioscience Market Update
FSF - Fonterra announces interim leadership changes
April 29th Morning Report
NZK - Blue Endeavour Pilot Farm and Wellboat Update
TRU - FY 31 March 2026 Revenue and Results Guidance Achieved
FBU - Fletcher Building sale of Fletcher Reinforcing and Wire
April 28th Morning Report
RYM - Ryman Healthcare appoints new independent director
ikeGPS 4Q FY26 and Full Year FY26 Performance Update
HGH - Heartland trading update