DEVELOPMENT BANK OF SOUTHERN AFRICA - CONFIRMATION OF RATING BY MOODY'S INVESTOR SERVICES
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CONFIRMATION OF RATING BY MOODY'S INVESTOR SERVICES
THE DEVELOPMENT BANK OF SOUTHERN AFRICA
(Incorporated in the Republic of South Africa)
(“DBSA”) or (“the Issuer”)
Registration number: 1600157FN
JSE Company Code: BIDBS
Rating confirmation for the Development Bank of Southern Africa
(“DBSA” or “the Company”)
In accordance with paragraph 4.26 of the JSE Debt Listings
Requirements, noteholders are hereby advised of the confirmation
of the DBSA’s credit rating effective on 28 March 2018.
Moody’s Investor Services (“Moody’s” or “the agency”) has
confirmed DBSA’s long-term foreign-currency issuer credit rating
at Baa3. The outlook has changed from negative to stable.
For commentary on detailed ratings actions taken on DBSA please refer to
the following links:
www.moodys.com
www.dbsa.org
Johannesburg
29 March 2018
Debt Sponsor: Nedbank Corporate and Investment Bank, a division
of Nedbank Limited
Date: 29/03/2018 12:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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