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Equifax affirms General Finance BB- rating

Credit Rating28 March 2022GENFinancials

General Capital (GEN:NZ) subsidiary announces General Finance Credit rating
Confirmation.



Mr. Rewi Bugo, Chairman of Directors of listed financial services Group General Capital

today advised the market as follows:


General Finance Ltd., the 100% owned subsidiary of General Capital has been advised by

Equifax Australasia Credit Rating Pty Ltd (Equifax) that after review of its accounts to

30/9/2021 the credit Rating has been affirmed at BB-.


Mr. Rewi Bugo said the given the uncertain times we are in this is a very positive affirmation

of the long-term strategy that General Capital has for the group.


Mr. Brent King, Managing Director said “we have notice that investors are increasingly

taking credit ratings into account when they consider making an investment in Secured

Term Deposits.

The current market is uncertain, and investors are seeking the view of a credit rating agency

to help them make their decision. We have noticed that the smart investors are seeking

issuers who have strong Brands, longevity, strong management, good credit ratings and

strong capital adequacy ratios. Being licensed by the Reserve Bank of New Zealand is a

strong positive for General Finance.”



For further Information

Please contact

Brent King

Managing Director

General Capital Ltd.

Brent.King@GenCap.co.nz

021-632-660

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