MMI GROUP LTD - MMI Group Limited Credit Rating Upgrade
MMIG 201401160022A
MMI Group Limited Credit Rating Upgrade
MMI Group Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1904/002186/06)
Company code: MMIG
(“MMI Group”)
MMI Group Limited Credit Rating Upgrade
MMI Group announces that Fitch Ratings (“Fitch”) has, on 15
January 2014, upgraded MMI Group’s National Insurer Financial
Strength Rating to AA+(zaf)from AA(zaf) and National Long-term
rating to AA(zaf) from AA-(zaf). Fitch has simultaneously
upgraded MMI Group's subordinated debt (MET01 and MGL01) to
A+(zaf) from A(zaf). The Outlooks are stable.
The updated Fitch report can be found on MMI Group’s website
(www.mmiholdings.com).
16 January 2014
Debt Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)
Date: 16/01/2014 10:16:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
