Agusto & Co. hereby assigns an “A2” short term rating and affirms the “Bbb” rating assigned to Coronation Trustees Limited with a stable outlook.

Rating Release 

Agusto & Co. hereby assigns an “A2” short term rating and affirms the “Bbb” rating assigned to Coronation Trustees Limited with a stable outlook.

 The rating expires on 30 June 2026 

Agusto & Co. hereby assigns an “A2” short term rating and affirms the “Bbb” rating assigned to Coronation Trustees Limited (“CTL” or “the Trustees”). The ratings reflect the strong support from the Coronation Group and Access Holdings Plc’s ecosystems, which sustain the Trustees’ good profitability. The assigned ratings are also supported by CTL’s low leverage, satisfactory asset quality and experienced management team. However, the ratings are constrained by the concentration within the placements’ portfolio, a weak liquidity position and a low equity buffer during the review year.