SSA06 201903200048A
Credit rating announcement - SSA06
SAPPI SOUTHERN AFRICA LIMITED
Registration number 1951/003180/06
Incorporated in the Republic of South Africa
Stock Code: SSA06
ISIN: ZAG000104472
("Sappi Southern Africa")
CREDIT RATING ANNOUNCEMENT
Sappi Southern Africa hereby notifies all its debt investors that Global Credit Ratings has
upgraded the national scale issuer ratings assigned to Sappi Southern Africa Limited to AA-(ZA) and
A1+(ZA) in the long and short term respectively, with a Stable outlook on 20 March 2019.
Date 20 March 2019
Debt Sponsor: Nedbank Corporate and Investment Banking
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