Equifax reaffirms General Finance Limited's BB rating

General Capital Limited
Level 8, General Capital House,
115 Queen Street, Auckland CBD
PO Box 1314, Shortland Street,
Auckland, New Zealand. 1140.
Phone +64 9 304 0145


Equifax reaffirms General Finance Limited’s BB financial strength rating
General Capital Limited is pleased to advise that global credit rating agency Equifax
Australasia Credit Rating Pty Ltd (Equifax) has reaffirmed the financial strength rating
of General Capital’s 100% owned subsidiary, General Finance Limited, as BB with a
stable outlook after completing its annual review.
The rating reflects General Finance’s increased scale and healthy earnings, sound
capital and funding profile.
General Capital’s Chairman, Mr Rewi Bugo welcomes the confirmation from Equifax,
saying this outcome recognises General Finance’s continued strong growth and
earnings despite the challenging macro-economic environment.

“This acknowledges General Finance is in a strong position to continue delivering on
our strategy to achieve long term growth and is well positioned to navigate the
changing regulatory landscape.” says Mr Bugo.
Mr. Brent King, Managing Director said “we continue to notice that investors are taking
credit ratings into account more often when they consider making an investment in
Secured Term Deposits. The current market makes it critical for investors to review
credit ratings when making an investment decision.”
ENDS
This announcement has been authorised by Brent King, Managing Director, General
Capital Limited.
For further Information please contact

Brent King
Managing Director
General Capital Ltd.
Brent.King@GenCap.co.nz
021-632-660
25 July 2024