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S&P rating announcement
BNP Paribas Personal Finance South Africa Limited
(Previously RCS Investment Holdings Limited)
(Incorporated in the Republic of South Africa)
(Registration No. 2000/017884/06)
Company code: RCSI
(“BNP Paribas PF South Africa”)
S&P rating announcement
On June 25, 2018 Standard &Poor’s Global Ratings (“S&P”) published its revised “General Criteria:
Methodology for National and Regional Scale Ratings”.
As a result of the above, please note:
1. On July 2, 2018, S&P raised the long-term South African national scale rating on BNP Paribas PF
South Africa to ‘zaAA+’ from ‘zaAA-’.
2. The ‘zaAAA’ rating assigned to the BNP Paribas PF South Africa ZAR10,000,000,000 Domestic
Medium Term Note Programme, which is guaranteed by BNP Paribas Societe Anonyme (France),
dated September 05, 2016 remains unchanged.
3 July 2018
Debt Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
BNP Paribas (www.bnpparibas.com) is a leading bank in Europe with an international reach. It has a presence in
74 countries, with more than 192,000 employees, including more than 146,000 in Europe.
The BNP Paribas group, through its wholly owned subsidiary BNP Paribas Personal Finance, acquired 100% of
RCS in August 2014.
RCS is a consumer finance business predominantly based in South Africa, with over 16 years in the industry.
Date: 03/07/2018 12:55:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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