SAPPI SOUTHERN AFRICA PROPRIETARY LIMITED - Credit rating announcement - SSA07

Credit rating announcement - SSA07

SAPPI SOUTHERN AFRICA LIMITED
Registration number 1951/003180/06
Incorporated in the Republic of South Africa
Stock Code: SSA07
ISIN: ZAG000168063
(“Sappi Southern Africa”)

CREDIT RATING ANNOUNCEMENT

Sappi Southern Africa hereby notifies all its debt investors that Global Credit Ratings has affirmed its
Issuer rating of AA(ZA) with a Stable Outlook on the 17th of June. The short-term rating of A1+(ZA) with
a stable outlook also remains unchanged.

Date 18 June 2020

Debt Sponsor: Nedbank Corporate and Investment Banking

Date: 18-06-2020 12:00:00
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.