BLUE TITANIUM CONDUIT (RF) LIMITED - Rating Action: Fitch Affirms Blue Titanium at 'F1+(zaf)' and Withdraws Rating

Rating Action: Fitch Affirms Blue Titanium at 'F1+(zaf)' and Withdraws Rating

Blue Titanium Conduit (RF) Limited
(Incorporated in the Republic of South Africa)
(Registration number 2001/000248/06)
(“Blue Titanium”) or (“the Company”)

Alpha Code: BTCI




Rating Action: Fitch Affirms Blue Titanium at 'F1+(zaf)' and
Withdraws Rating

Holders are advised that Fitch Ratings has published a report in
respect of the above rating action on the following link:
https://www.fitchratings.com/site/pr/1009164

Holders are further reminded that all notes issued by Blue
Titanium are rated ‘A1+(ZA)(sf)’ by Global Credit Ratings and
the relevant report is available at the following link:
https://globalratings.net/news/article/blue-titanium-conduit-rf-
ltd-asset-backed-commercial-paper-ndash-new-rating



Johannesburg
27 July 2016

Debt Sponsor
The Standard Bank of South Africa Limited

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