INDUSTRIAL DEVELOPMENT CORPORATION OF SOUTH AFRICA LIMITED - MOODY'S RATINGS ACTION ON IDC'S FOREIGN CURRENCY RATING
IDCP05 IDCP06 IDCG06 IDCP04 IDCG08 IDCG03 IDCG11 IDCG02 IDCG07 IDCG04 IDCG05 IDCG09 IDCG10 201706140091A
MOODY'S RATINGS ACTION ON IDC'S FOREIGN CURRENCY RATING
INDUSTRIAL DEVELOPMENT CORPORATION OF SOUTH AFRICA (“IDC”)
REGISTRATION NUMBER: 1940/014201/06
14 June 2017
JSE Code: ISIN:
IDCG02 ZAG000110164
IDCG03 ZAG000110149
IDCG04 ZAG000121682
IDCG05 ZAG000121716
IDCG06 ZAG000121732
IDCG07 ZAG000131350
IDCG08 ZAG000131368
IDCG09 ZAG000141011
IDCG10 ZAG000141029
IDCG11 ZAG000141037
IDCP04 ZAG000100629
IDCP05 ZAG000103896
IDCP06 ZAG000120395
MOODY’S RATINGS ACTION ON IDC FOREIGN CURRENCY CREDIT RATING
In compliance with paragraph 4.26 Section 4 of the Debt Listing Requirements of the JSE Limited, note holders are advised Moody’s
Investor Services(“Moody’s”)has downgraded the Long-term foreign-currency issuer rating of the Industrial Development Corporation of
South Africa (“IDC”) to Baa3 from Baa2 with a negative outlook effective 12 June 2017.
Debt Sponsor: Nedbank Corporate and Investment Bank, a division of Nedbank
Limited
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