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ENX CORPORATION LIMITED - BIEQS1 - Notification of a Change to the Credit Rating of the Parent Guarantor

Release Date: 18/08/2020 17:05
Code(s): ENX02 ENX08 ENX07 ENX01 EQS10 ENX01S ENX09 ENX04     PDF:  
Wrap Text
BIEQS1 - Notification of a Change to the Credit Rating of the Parent Guarantor

enX Corporation Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1984/007045/06)
Company code: BIEQS1
(“enX” or the “Issuer”)


NOTIFICATION OF A CHANGE TO THE CREDIT RATING OF THE PARENT GUARANTOR

Noteholders are advised that on Monday, 17 August 2020, S&P Global Ratings (“S&P”) downgraded
enX Leasing Investments (Proprietary) Limited’s (the “Parent Guarantor”) Long Term National Scale
Rating from zaA- to zaBBB.

Noteholders are advised to read the full rating report released by S&P, which has been made available
at https://www.enxgroup.co.za/wp-content/uploads/2020/08/SP-Credit-Rating.pdf

18 August 2020

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

Date: 18-08-2020 05:05:00
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