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MMI GROUP LTD - MMI Group Limited Credit Rating Upgrade

Release Date: 16/01/2014 10:16
Code(s): MMIG     PDF:  
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MMI Group Limited Credit Rating Upgrade

MMI Group Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1904/002186/06)
Company code: MMIG
(“MMI Group”)


MMI Group Limited Credit Rating Upgrade

MMI Group announces that Fitch Ratings (“Fitch”) has, on 15
January 2014, upgraded MMI Group’s National Insurer Financial
Strength Rating to AA+(zaf)from AA(zaf) and National Long-term
rating to AA(zaf) from AA-(zaf). Fitch has simultaneously
upgraded MMI Group's subordinated debt (MET01 and MGL01) to
A+(zaf) from A(zaf). The Outlooks are stable.

The updated Fitch report can be found on MMI Group’s website
(www.mmiholdings.com).


16 January 2014

Debt Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)

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