Brickworks Rating had published Rating Rationale on 26 Feb 2020 regarding rating of bank loan facilities of Capital Trust Limited. The rating was revised by from BBB+ (Negative) to BBB- (Negative) Issuer Not Co-operating.
The rating rationale mentions that the information required was provided to Capital Trust Limited over email. Also the rationale mentions that the company has not provided the required information.
The company currently do not have any outstanding facilities where ratings from Brickworks are being used. The company is presently using the rating of Care Ratings Limited.
However the company has already sent the required data to Brickworks for surveillance of the Rating, which is currently BBB.