THE NITRO SECURITISATION 5 ISSUER TRUST - Availability of the Latest Investor Report and Credit Rating Announcement
N5C23 N5D23 N5E23 201706150032A
Availability of the Latest Investor Report and Credit Rating Announcement
The Nitro Securitisation 5 Issuer Trust
(Incorporated in the Republic of South Africa)
(Master’s Reference No. IT022168/2014)
Company code: NIT
(“Nitro 5” or “the Issuer”)
AVAILABILITY OF THE LATEST INVESTOR REPORT AND CREDIT RATING ANNOUNCEMENT
In accordance with section 7.7(b) of the JSE Debt Listing Requirements, noteholders are hereby
advised that the latest investor report detailing the performance of the underlying assets in
aggregate is available for inspection at the following website:
http://www.rmb.co.za/globalmarkets/nitro.asp
Furthermore, the Issuer wishes to advise noteholders that Standard and Poor’s (“S&P”) has on 23rd
May 2017 amended the credit rating applicable to the Nitro 5 Class C Notes. S&P has lowered the
National Scale rating from zaAAA(sf) to zaA(sf), with the Global Scale rating lowered from BBB(sf) to
BB+(sf). For further commentary, please refer to the latest investor report.
15 June 2017
Debt Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
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