LIBERTY GROUP LIMITED - Amendment to Liberty Group Limited Credit Rating-BILGL

Amendment to Liberty Group Limited Credit Rating-BILGL

LIBERTY GROUP LIMITED
Incorporated in the Republic of South Africa
(Registration number 1957/002788/06)
Issuer Code: BILGL


(“Liberty”) or (“the Issuer”)


Amendment to Liberty Group Limited Credit Rating

In accordance with paragraph 7.42 of the JSE Debt Listings
Requirements, noteholders are hereby advised of the amendment to
Liberty’s credit rating effective on 2 July 2018.

The S&P Global   Ratings (“S&P”) revised the South Africa national
scale ratings     on insurers on 25 June 2018. Noteholders are
hereby advised   that S&P has accordingly revised Liberty’s credit
ratings as per   below:

Rating to zaAAA from zaAA+ on Liberty’s long-term South African
national scale rating

Ratings   to  zaAA-    from   zaA        on   the   Issuer’s   deferrable
subordinated notes:
-LGL06
-LGL07
-LGL08
-LGL09

Ratings to zaAA from       zaAA-    on    the   Issuer’s   non-deferrable
subordinated notes:
-LGL04
-LGL05


For commentary on detailed ratings taken on Liberty please refer
to the S&P’s press release on their website:
www.standardandpoors.com


Johannesburg
4 July 2018

Debt Sponsor: The Standard Bank of South Africa Limited

Date: 05/07/2018 07:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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