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SUPER GROUP LIMITED - BISGL - Notification of an Event Driven Change to the Companys Credit Rating

Release Date: 21/04/2020 10:23
Code(s): SPG008 SPG009 SPGC01 SPG005 SPG006 SPG007 SPG004     PDF:  
Wrap Text
BISGL - Notification of an Event Driven Change to the Company’s Credit Rating

Super Group Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1943/016107/06)
LEI:                  378900A8FDADE26AD654
Debt company code:    BISGL
(“Super Group” or “the Company”)

NOTIFICATION OF AN EVENT DRIVEN CHANGE TO THE COMPANY’S CREDIT RATING

Noteholders are advised that S&P Global Ratings (“S&P”) has downgraded the long-term national scale rating of
Super Group from ‘zaAAA’ to ‘zaAA’ and have affirmed the short-term national scale rating as ‘zaA -1+’ with
effect from 20 April 2020. The unscheduled review and subsequent lowering of the long-term rating assigned to
Super Group was prompted by the effects of COVID -19 and its impact on the Transport and Motor Industries
Worldwide.

The S&P press release will be available on the Super Group website
http://www.supergroup.co.za/investors/bondholder-centre from 21 April 2020.

Sandton
21 April 2020

Debt Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 21-04-2020 10:23:00
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