FORTRESS REAL ESTATE INVESTMENTS LIMITED - Affirmation of credit rating and revised outlook to stable by Moodys Investors Service

Affirmation of credit rating and revised outlook to stable by Moody’s Investors Service

FORTRESS REAL ESTATE INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2009/016487/06)
JSE share codes:       FFA ISIN: ZAE000248498
                       FFB ISIN: ZAE000248506
Bond company code:     FORI
LEI: 378900FE98E30F24D975
("Fortress" or the "Company")


AFFIRMATION OF CREDIT RATING AND REVISED OUTLOOK TO STABLE BY MOODY'S INVESTORS SERVICE


Security holders are advised that Moody's Investors Service Inc ("Moody's") has affirmed Fortress' corporate family
rating ("CFR") of Ba2, the Company's long-term CFR national scale rating at Aa2.za and the short-term ST Issuer
Rating on a national scale rating at P-1.za. Moody's rating outlook has been revised from negative to stable.

14 February 2024


Lead sponsor           Joint sponsor                                Debt sponsor
Java Capital           NedbankCorporate and Investment Banking,     Rand Merchant Bank
                       (a division of Nedbank Limited)              (a division of First Rand Bank Limited)
Date: 14-02-2024 01:35:00
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