Transsec 4 (RF) Limited – Credit rating announcement
Transsec 4 (RF) Limited – Credit Rating Announcement
Stock Codes:
TRA4A3 - ZAG000157546
TRA4A4 - ZAG000157538
TRA4B1 - ZAG000157520
TRA4A7 - ZAG000163510
TRA4A8 - ZAG000163502
TRA4B2 - ZAG000163494
Moody's Investor Services announced on 22 October 2024 that it has:
- affirmed the Global Scale Ratings and National Scale Ratings accorded to the TRA4A3, TRA4A4, TRA4A7 and
TRA4A8 notes of Ba2 (sf) and Aa2.za (sf) respectively; and
- downgraded the Global Scale Ratings and National Scale Ratings accorded to the TRA4B1 and TRA4B2 notes
to Caa2 (sf) and B3.za (sf) respectively, from B3 (sf) and Ba3.za (sf).
Moody's press release can be found through the following link:
https://www.moodys.com/research/Moodys-Ratings-downgrades-ratings-in-Transsec-4-RF-Limited-and-Rating-
Action--PR_497707
For further information on the Notes issued please contact:
Nicholas Gunning
Standard Bank
(011) 721 7112
Email: nicholas.gunning@standardbank.co.za
22 October 2024
Debt Sponsor
The Standard Bank of South Africa Limited
Date: 22-10-2024 02:10:00
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