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Fri 28 Aug 2020, 11:00 Credit Rating Announcement - Transsec 2 RF Limited
Credit Rating Announcement - Transsec 2 RF Limited

Transsec 2 (RF) Limited

Credit Rating Announcement
Date: 28 August 2020


S&P Global Ratings announced on 19 August 2020 that it has affirmed and removed from CreditWatch
negative, Transsec 2 (RF) Limited's ratings on their class A3, A6, B1-Dfrd, B2-Dfrd, C1-Dfrd, and C2-Dfrd
notes. This follows the rating announced on 01 June 2020 that S&P had affirmed and placed Transsec 2
(RF) on CreditWatch negative, their 'ZaAAA (sf)' ratings on the class A3, A6, B1-Dfrd, and B2-Dfrd notes,
and their 'ZaAA+ (sf)' ratings on the class C1-Dfrd and C2-Dfrd notes.



S&P’s press release can be found through the following link:

https://www.capitaliq.com/CIQDotNet/CreditResearch/SPResearch.aspx?DocumentId=45731879&From
=SNP_CRS




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: 28-08-2020 11:00:00
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