The Caribbean Information and Credit Rating Services Limited (CariCRIS) reaffirmed its credit ratings for the GraceKennedy Group in 2025 and upgraded its overall management risk rating to the highest level.
The agency affirmed GK's regional ratings that Cari-A for its local and foreign currency debt and designed a rating of JMAA on its Jamaica and local and foreign currency issues.
CariCRIS also stressed that the ratings reflect a good level of creditworthiness relative to the competition across the Caribbean as well as high level of creditworthiness when compared with the other companies in Jamaica.
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