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TRANSSEC 3 (RF) LIMITED - Credit Rating Announcement

Release Date: 22/06/2020 10:06
Code(s): TRA3A4 TRA3A3 TRA3A6 TRA3B2 TRA3A7 TRA3A2 TRA3B1     PDF:  
Wrap Text
Credit Rating Announcement

Transsec 3 (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 Rating and National Scale Ratings of A3 (sf) and Aaa.za (sf) respectively
accorded to the TRA3A2, TRA3A3, TRA3A4, TRA3A6 and TRA3A7 notes;
- downgraded the Global Scale Rating accorded to the TRA3B1 and TRA3B2 notes from Baa3(sf) to Ba3
(sf),and
- downgraded the National Scale Rating of the TRA3B1 and TRA3B2 notes to A2.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 Limited




Trans3LH_23.08.17                                                    Transsec 3 (RF) Limited Reg. No. 2016/117311/07
                                                                                          a Transaction Capital company

                                                     179 – 15th Road, Randjespark, Midrand • Box 41888, Craighall, 2024
An authorised credit provider NCRCP9996             Tel: 0861 829 448 • Fax: 011 447 2885 • Website: www.sataxi.co.za

Date: 22-06-2020 10:06:00
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