SANTAM LIMITED - Notification of a Change to the Credit Rating of the Issuer
SNT03 SNT02 SNT04 201807040006A
Notification of a Change to the Credit Rating of the Issuer
SANTAM LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 1918/001680/06
Company code: BISAN
(“Santam” or “the Issuer”)
NOTIFICATION OF A CHANGE TO THE CREDIT RATING OF THE ISSUER
S&P Global Ratings (“S&P”) has on 2 July 2018 raised its national scale ratings on South African insurers
and as a result the following ratings have been amended:
Rating To Rating From
National Scale Rating zaAAA zaAA+
Subordinated Deferrable Rating zaAA- zaA
The rationale for the rating change is due to S&P recalibrating their mapping table for South Africa.
4 July 2018
Debt Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 04/07/2018 08:45:00 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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
