BSR17 201709140029A
Credit Rating Announcement - BSR17
Basil Read Limited
(Incorporated in the Republic of South Africa)
Registration Number 1962/002313/06
JSE Code: BSR17
ISIN No: ZAR000127333
("Basil Read" or "the Company")
Credit Rating Announcement
Noteholders are referred to the Global Credit Ratings Co. (GCR)
announcement released on 13 September 2017. GCR has downgraded the national
scale Issuer ratings assigned to Basil Read Holdings Limited from BBB-(ZA)
to BB-(ZA) in the long term, and from A3(ZA) to B(ZA) in the short term;
with the outlook accorded as Negative.
Johannesburg
14 September 2017
Debt Sponsor
Nedbank CIB
Date: 14/09/2017 01:30:00 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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.