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Moody's Recalibrates South Africa's National Rating Scale - BG32B/BG32C
Blue Granite Investments 4 (RF) Ltd
(Incorporated with limited liability in the Republic of South Africa)
Registration number 2006/032191/06)
Bond Code: BG42B ISIN No: ZAG000093808
Bond Code: BG42C ISIN No: ZAG000093790
(“Blue Granite”) or (“the Company”)
Moody's Recalibrates South Africa's National Rating Scale Rating and
Repositions National Scale Ratings in Structured Finance Transactions
Noteholders are advised of Moody’s Investor Service’s recent repositioning of
the national scale ratings of 33 South African structured finance notes in
conjunction with the recalibration of South African national rating scale.
Kindly take note of the below instruments which have been affected by the
change in Moody’s methodology change below:
Instrument Tranche Current Current National Revised
Number Global Scale Rating National Scale
Rating Rating
ZAG000093808 B Baa2 A2.za Aaa.za
ZAG000093790 C Ba2 Baa2.za A3.za
For more details on the revision of the ratings methodology process, please
see below link to Moody’s website:
https://www.moodys.com/research/Moodys-recalibrates-South-Africas-national-
rating-scale-and-repositions-national--PR_348599
Johannesburg
23 May 2016
Debt Sponsor
The Standard Bank of South Africa Limited
Date: 23/05/2016 03:59:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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