TRANSSEC 4 (RF) LIMITED - TRSI4-Credit Rating

TRSI4-Credit Rating

Transsec 4 (RF) Limited


Credit Rating Announcement

Date: 6 April 2020



Moody’s Investor Services announced on 3 April 2020 that it has:
- affirmed the Global Scale Ratings accorded to the TRA4A1 notes;
-downgraded the Global Scale Ratings accorded to the TRA4A2,TRA4A3, TRA4A4, TRA4A6, TRA3A7
and TRA4A8 notes, from A2 (sf) to A3 (sf);
-placed on review for further possible downgrade the Global Scale Ratings accorded to the
TRA4A2,TRA4A3, TRA4A4, TRA4A6, TRA3A7 and TRA4A8 notes;
-affirmed the National Scale Rating of P-1.za(sf) accorded to the TRA4A1 notes;
-affirmed the National Scale Rating of Aaa.za (sf) accorded to the TRA4A2,TRA4A3, TRA4A4, TRA4A6,
TRA3A7 and TRA4A8 notes; and
-placed on review for possible downgrade Global Scale Rating and National Scale Rating of the TRA4A5,
TRA4B1 and TRA4B2 notes


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_421960


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


Trans4LH_14.09.18                                                    Transsec 4 (RF) Limited Reg. No. 2018/268776/06
                                                                                          a Transaction Capital company

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

Date: 06-04-2020 04:25:00
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