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Fitch affirms Super Group
Fitch Ratings said it affirmed Super Group Ltd.'s A-(zaf) national long-term rating and F2(zaf) short-term rating and removed them from Rating Watch negative.
The outlook is stable.
The agency said the affirmation is in response to Super Group securing a combination of committed facilities and other resources of not less than ZAR 900 million to cover the full repayment of its maturing bond in June. In addition, Super Group has strengthened its liquidity management as the group will maintain committed standby facilities for general corporate purposes.
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