MERCEDES-BENZ SA (PTY) LTD - Amendment to credit ratings
MBP16U MBP18U MBP19U MBP20U MBP21U MBP22U MBP23U MBP24U MBP25U MBSA01 MBC17 MBP012 MBP013 MBC18 MBF024 MBF025 MBF031 MBF029 MBF030 MBF027 MBF018 MBF019 MBF028 201301180050A
Amendment to credit ratings
Mercedes-Benz South Africa (Proprietary) Limited
Amendment to credit ratings
On 16 January 2013, Fitch Ratings (“Fitch”) announced that it
had revised the senior unsecured rating of Mercedes-Benz South
Africa Proprietary Limited to AA +(zaf).
Fitch stated that “The rating revisions follows the downgrade
of South Africa’s Long-term local currency Issuer Default
Rating (IDR) to ‘BBB+’ from ‘A’”, the consequence of which has
resulted in Fitch’s recalibration of the South African
National scale mapping table.
18 January 2013
Debt Sponsor
Deutsche Bank AG, Johannesburg Branch
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