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Wed 21 Dec 2016, 15:30 BIDVESTCO LIMITED - Credit Rating Announcement
BID06 BID05 BID04 201612210023A
Credit Rating Announcement

Bidvestco Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1966/011512/06)
Company code: BIBID
(“Bidvestco”)

CREDIT RATING ANNOUNCEMENT

Bidvestco wishes to advise Noteholders that Moody’s Investors
Service (“Moody’s”) has, on 19 December 2016, affirmed the
credit ratings of the Guarantor, The Bidvest Group Limited, as
contained below.

“Johannesburg, December 19 2016 – Moody’s Investors Service,
(“Moody’s”) has today affirmed The Bidvest Group Limited’s
(Bidvest) Baa2 local currency global scale long-term and P-2
short term issuer ratings as well as affirmed its Aa1.za
national scale long-term and P-1.za short term issuer ratings.
The outlook on the ratings is negative.”

The report may be retrieved at the below link
https://www.moodys.com/research/Moodys-affirms-Bidvests-
rating-at-Baa2-Aa1za-outlook-negative--PR_359781.


21 December 2016

Debt Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)

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