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SANLAM LIFE INSURANCE LIMITED - BISLI - Notification of an assignment of a credit rating to Sanlam Life Insurance Limited

Release Date: 05/12/2024 16:00
Code(s): SLI5 SLI6 SLI7 SLI8 SLI9 SLI10 SLI11     PDF:  
Wrap Text
BISLI  - Notification of an assignment of a credit rating to Sanlam Life Insurance Limited

 SANLAM LIFE INSURANCE LIMITED
 (Incorporated in the Republic of South Africa)
 (Registration No. 1998/021121/06)
 Bond Company Code: BISLI
 LEI: 378900E10332DF012A23
 (the "Company")



Notification of an assignment of a credit rating to the Company


In accordance with paragraph 6.29 of the JSE Limited Debt and Specialist Securities Listings Requirements, 
noteholders are hereby advised that on 4 December 2024, AM Best has assigned a Financial Strength Rating of 
A- (Excellent) and a Long-Term Issuer Credit Rating (Long-Term ICR) of "a-" (Excellent) to Sanlam Life Insurance 
Limited, (South Africa).

The outlook assigned to the ratings is stable.

The detailed credit rating report may be viewed on the following link:
https://www.sanlam.com/pdf/debt-investors/SandP-global-ratings/am-best-04122024.pdf



05 December 2024

Debt Sponsor
The Standard Bank of South Africa Limited

Date: 05-12-2024 04:00:00
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