Credit Rating Announcement
Transsec 4 (RF) Ltd
Credit Rating Announcement
Date: 22 June 2020
Moody’s Investor Services announced on 19 June 2020 that it has:
- affirmed the Global Scale Ratings and National Scale Ratings accorded to the TRA4A2 and TRA4A6
notes of A3 (sf) and Aaa.za (sf) respectively;
-downgraded the Global Scale Ratings accorded to the TRA4A3, TRA4A4, TR4A7 and TRA4A8 notes to
Baa2 (sf), from A3 (sf);
- affirmed the Aaa.za (sf) National Scale Ratings accorded to the TRA4A3, TRA4A4, TRA4A7 and TRA4A8
notes
- downgraded the Global Scale Ratings accorded to the TRA4A5 notes to NP from P-3 (sf);
-downgraded the National Scale Ratings accorded to the TRA4A5 notes to P-3.za (sf) from P-1.za (sf);
-downgraded the Global Scale Ratings accorded to the TRA4B1 and TRA4B2 to B2 (sf) from Ba1 (sf); and
-downgraded the National Scale Ratings accorded to the TRA4B1 and TRA4B2 to Baa3.za (sf) from
Aa3.za (sf).
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_426771
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 Limit
Trans4LH_14.09.18 Transsec 4 (RF) Limited Reg. No. 2018/268776/06
a Transaction Capital company
179 – 15th Road, Randjespark, Midrand • Box 41888, Craighall, 2024
Tel: 0861 829 448 • Fax: 011 447 2885 • Website: www.sataxi.co.za
An authorised credit provider NCRCP12312
Date: 22-06-2020 10:06:00
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