TSLI-Credit Rating Updated:
TSLI-Credit Rating Updated
TRANSSEC 3 (RF) LIMITED
Issuer Code: TSLI
Credit Rating Announcement
Date: 6 April 2020
Moody’s Investor Services announced on 3 April 2020 that it has:
-downgraded the Global Scale Ratings accorded to the TRA3A2,TRA3A3, TRA3A4, TRA3A6 and TRA3A7
notes, from A2 (sf) to A3 (sf);
-placed on review for further possible downgrade the Global Scale Ratings accorded to the
TRA3A2,TRA3A3, TRA3A4, TRA3A6 and TRA3A7 notes;
-affirmed the National Scale Rating of Aaa.za (sf) accorded to the TRA3A2, TRA3A3, TRA3A4, TRA3A6
and TRA3A7 notes; and
-placed on review for possible downgrade Global Scale Rating and National Scale Rating of the TRA3B1
and TRA3B2 notes.
Moody’s press release can be found through the following link:
https://www.moodys.com/research/Moodys-takes-rating-actions-on-Transsec-3-RF-Limited-and--
PR_421960
Further information on the Note issued please contact:
Nicholas Gunning
Standard Bank
(011) 721 7112
Email: nicholas.gunning@standardbank.co.za
Debt Sponsor
The Standard Bank of South Africa Limited
Date: 06-04-2020 03:27:00
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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
