Credit Rating Announcement
Transsec 4 (RF) Limited – Credit Rating Announcement
Dated: 09 June 2023
Stock Codes:
TRA4A3 - ZAG000157546
TRA4A4 - ZAG000157538
TRA4B1 - ZAG000157520
TRA4A7 - ZAG000163510
TRA4A8 - ZAG000163502
TRA4B2 - ZAG000163494
Moody’s Investor Services announced on 8 June 2023 that it has:
- affirmed the National Scale Ratings accorded to the TRA4A3, TRA4A4, TRA4A7 and TRA4A8 notes of Aaa.za (sf);
- downgraded the Global Scale Ratings accorded to the TRA4A3, TRA4A4, TR4A7 and TRA4A8 notes to Ba1 (sf),
from Baa2 (sf); and
- affirmed the Global Scale Ratings and National Scale Ratings accorded to the TRA4B1 and TRA4B2 notes of B2
(sf) and Baa3.za (sf) respectively;
Moody’s press release can be found through the following link:
https://www.moodys.com/research/Moodys-downgrades-11-notes-in-Transsec-4-RF-Limited-and-Rating-Action--
PR_477504
For further information on the Notes issued please contact:
Nicholas Gunning
Standard Bank
(011) 721 7112
Email: nicholas.gunning@standardbank.co.za
9 June 2023
Debt Sponsor
The Standard Bank of South Africa Limited
Date: 09-06-2023 01:15:00
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