AMBER HOUSE FUND 2 (RF) LIMITED - Amber House Fund 2 (RF) Limited Rating Action by Moodys Investor Services

Amber House Fund 2 (RF) Limited Rating Action by Moody’s Investor Services

Amber House Fund 2(RF) Limited
(incorporated with limited liability in the Republic of South
Africa)
(Registration number: 2012/065 316/06)
Issuer Code: AHFI


Amber House Fund 2 (RF) Limited Rating Action by Moody’s
Investor Services

In accordance with paragraph 6.8 of the JSE Debt Listings
Requirements, noteholders are hereby advised that on 26
November 2020, Moody’s Investors Service (“Moody’s) downgraded
Amber House Fund 2(RF) Limited’s notes to the following credit
rating:

  •   Class C3 Secured Floating Rate Notes National Scale
      Rating from Baa1.za to Baa3.za (the Class C Notes) (ISIN
      No. ZAG000152604; Bond Exchange Listing Code AHF2C3)


The rating downgrade of these notes follows the downgrade of
the ratings of the Government of South Africa to Ba2 from Ba1
with a negative outlook on 20 November 2020, which resulted in
the recalibration of the mapping of the National Scale
Ratings.

Further details on the rating action can be viewed on the
following link:

https://www.moodys.com/research/Moodys-takes-rating-actions-
on-South-African-RMBS-and-ABS--PR_436622

27 November 2020

Debt Sponsor
The Standard Bank of South Africa Limited

Date: 27-11-2020 05:20:00
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.