SUPER GROUP LIMITED - Notification of an event driven change to the company's credit rating
Notification of an event driven change to the company's credit rating:
Notification of an event driven change to the company's credit rating
Super Group Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1943/016107/06)
Share code: SPG ISIN: ZAE000161832
LEI: 378900A8FDADE26AD654
(“Super Group”)
NOTIFICATION OF AN EVENT DRIVEN CHANGE TO THE COMPANY’S CREDIT RATING
Shareholders are advised that Standard & Poor’s Global Ratings (“S & P”) has downgraded the long-term national
scale rating of Super Group from ‘zaAAA’ to ‘zaAA’ and have affirmed the short-term national scale rating as ‘zaA
-1+’ with effect from 20 April 2020. The unscheduled review and subsequent lowering of the long-term rating
assigned to Super Group was prompted by the effects of COVID -19 and its impact on the Transport and Motor
Industries Worldwide.
The Standard & Poor’s press release will be available on the Super Group website www.supergroup.co.za from
21 April 2020.
Sandton
21 April 2020
Debt Sponsor
RAND MERCHANT BANK (a division of FirstRand Bank Limited)
Equity Sponsor
Investec Bank Limited
Date: 21-04-2020 09:40:00
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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.