TRANSSEC 4 (RF) LIMITED - Credit Rating Announcement

Credit Rating Announcement

Transsec 4 (RF) Limited

Credit Rating Announcement

Date: 27 November 2020


Moody’s Investor Services announced on 26 November 2020 that it has:
          -    Affirmed the Global Scale Ratings of Baa2 (sf) accorded to the TRA4A3, TRA4A4, TR4A7 and TRA4A8
               notes;
          -    Affirmed the Global Scale Rating and National Scale Rating of B2 (sf) and Baa3.za (sf) respectively
               accorded to the TRA4B1 and TRA4B2 notes;
          -    Affirmed the National Scale Rating of Aaa.za (sf) accorded to the TRA4A2, TRA4A3, TRA4A4, TRA4A6,
               TRA3A7 and TRA4A8 notes; and
          -    Downgraded the Global Scale Ratings accorded to the TRA4A2 and TRA4A6 notes, from A3 (sf) to
               Baa1 (sf);


Moody’s press release can be found through the following link:
https://www.moodys.com/research/Moodys-takes-rating-actions-on-South-African-RMBS-and-ABS--PR_436622


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


Date: 27-11-2020 04:28:00
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