SPG
SPG
SPG - Super Group Limited - Fitch Credit Rating
Super Group Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1943/016107/06)
ISIN: ZAE000011334
Share code: SPG
("Super Group")
Fitch Credit Rating
Shareholders are advised that Fitch Ratings has upgraded Super
Group`s National Long-term rating and National Senior unsecured ratings to
`Investment Grade: Good Credit Quality` (BBB-(zaf)) from `Speculative`
(BB+(zaf)). At the same time, Super Group`s National Short-term rating was
upgraded to `Fair` (F3(zaf)) from `Speculative`(B(zaf)). The Outlook on the
Long-
term rating is Stable.
Super Group is pleased that the upgrade of its ratings reflects significant
deleveraging by the group at end-June 2011 as a result of strong shareholder and
lender support, evidenced by the stable cash flows within Super Group`s
continuing operations, notably the full maintenance lease and supply chain
management businesses.
Fitch`s rating definitions and the terms of use of such ratings are available on
the agency`s public site, www.fitchratings.com. Published ratings, criteria and
methodologies are available from this site.
18 November 2011
Sandton, South Africa.
Sponsor: Deutsche Securities (SA)(Pty)Limited
Date: 18/11/2011 14:33:01 Produced by the JSE SENS Department.
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