BAYPORT SECURITISATION (RF) LIMITED - BIBAY-Class A Notes Credit Rating

BIBAY-Class A Notes Credit Rating

Bayport Securitisation (RF) Limited
(Incorporated with limited liability in the Republic of South Africa)
(Registration number 2008/003557/06)
(“Bayport Securitisation”)


ISSUER CODE: BIBAY



Bayport Securitisation (RF) Ltd. - S&P Global Ratings
Noteholders are advised that, after recalibrating its national scale mapping table for South Africa, S&P
Global Ratings has reviewed its national scale credit ratings in respect of the long-term national scale
ratings on South Africa's financial institutions. As a result of this recalibration, on July 5 2018, S&P raised
its long-term national scale credit ratings on Bayport Securitisation (RF) Ltd.'s outstanding class A notes
to 'zaAA+ (sf)' from 'zaAA- (sf)'.

The full S&P rating report is available on our website at www.bayportsa.co.za



09 July 2018
The Debt Sponsor
The Standard Bank of South Africa Limited

Date: 09/07/2018 10:09:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.