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REAL PEOPLE INV HOLDINGS LIMITED - Moody's Investors Service repositions the National Scale Ratings of Real People Investment Holdings Limited

Release Date: 18/05/2016 10:25
Code(s): RP026 RP013 RP014 RP005 RPS001 RPS002     PDF:  
Wrap Text
Moody's Investors Service repositions the National Scale Ratings of Real People Investment Holdings Limited

Real People Investment Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1999/020093/06)
Bond Issuer Code: BIRP
(“Real People”)


MOODY'S INVESTORS SERVICE REPOSITIONS THE NATIONAL SCALE RATINGS OF
REAL PEOPLE INVESTMENT HOLDINGS LIMITED

Noteholders are advised that Moody's Investors Service (“Moody’s”)
has, on 10 May 2016, repositioned the National Scale Rating (NSR) of
Real People, in conjunction with the recalibration of the South
African national rating scale and as part of the implementation of
Moody’s updated methodology.

Real People’s NSR LT Issuer Rating (Local Currency) repositioned to
B3.za from Ba3.za.

Real People’s GSR LT Issuer Rating (Local Currency) published at B3
Negative and the GSR ST Issuer Rating (Local Currency) published at
NP.

Noteholders are referred to the press release by Moody’s for any
additional information.


18 May 2016

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

Date: 18/05/2016 10:25:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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