Publication of Valterra Platinum’s credit rating by S&P Global Ratings
12 December, 2025
Shareholders are advised that the credit rating agency, S&P Global Ratings (S&P), has assigned Valterra Platinum with long term foreign and local currency issuer credit ratings of BBB-, a short-term credit rating of A-3 and a South Africa national scale rating of zaAAA, together with a stable outlook.
S&P has published a media release (available at https://www.spglobal.com/ratings/en/regulatory/press-releases) detailing the key criteria which form the basis for its rating.
Commenting on the ratings, Chief Financial Officer Sayurie Naidoo said: “We are pleased with the investment grade outcome of the S&P credit ratings assessment which reflects our strong balance sheet and compelling free cash flow generation at various PGM price assumptions which is underpinned by the quality of our assets and disciplined capital allocation.”
JSE Sponsor:
Merrill Lynch South Africa (Pty) Ltd t/a BofA Securities