HYPROP INVESTMENTS LIMITED - Hyprop-Moody's Rating Confirmation

Hyprop-Moody's Rating Confirmation

   HYPROP INVESTMENTS LIMITED
   (Incorporated in the Republic of South Africa)
   (Registration number 1987/005284/06)

   Issuer Bond Code: HYPI


   (Approved as a REIT by the JSE)
   (“Hyprop” or “the Company”)

Moody’s Adjusts Hyprop Investments Limited Credit Rating


Noteholders are advised of Moody’s Investor Services (“Moody’s”)
rating actions on 11 South African corporates including Hyprop
Investments Limited, which were driven by Moody’s decision to
confirm South Africa’s government issuer rating at Baa3 with a
stable outlook on 23 March 2018. Moody’s rating action decision on
the South African government issuer rating reflects the view that
the previous weakening of South Africa’s institutional framework
will gradually reverse under a more transparent, predictable policy
framework.


On 28th March 2018, Moody’s confirmed Hyprop Investments Limited’s
(“Hyprop”) global scale rating of Baa3/Aa1.za long-term (outlook
negative).



The detailed press release regarding this is available for viewing
on the Moody’s website: https://www.moodys.com


29 March 2018

Johannesburg
Debt Sponsor
The Standard Bank of South Africa Limited (Debt Sponsor)
Kea Sape
Tel: 011 721 5594
Email: kea.sape@standardbank.co.za

Date: 29/03/2018 04:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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