NYATI SECURITISATION 1 (RF) LIMITED - GCR Affirms the Long Term Credit Ratings Accorded to Nyati Securitisation 1

GCR Affirms the Long Term Credit Ratings Accorded to Nyati Securitisation 1

Nyati Securitisation 1 (RF) Limited
(Incorporated in the Republic of South Africa)
(Registration No. 2012/148395/06)
Bond Issuer Code: NYATI
(“Nyati 1”)


GCR AFFRIMS THE LONG TERM CREDIT RATINGS ACCORDED TO NYATI
SECURITISATION 1

Nyati Securitisation 1 announces that Global Credit Rating
Co(“GCR”) has, on 1 July 2015, affirmed the A(ZA)(sf) national
scale ratings assigned to the Class A Notes and BBB(ZA)(sf)
national scale issuer ratings assigned to the Class B Notes.
The rating outlook remains as negative and is a reflection of
GCR’s view on the unsecured lending market.

The surveillance report can be found on Real People’s website
(http://www.realpeoplegroup.co.za/index.php?nav=debt-capital-
markets).


02 July 2015
Debt Sponsor

Rand Merchant Bank (A division of FirstRand Bank Limited)

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