TRANSSEC 4 (RF) LIMITED - Credit Rating Announcement

Credit Rating Announcement

Transsec 4 (RF) Limited – Credit Rating Announcement
Dated: 09 June 2023

Stock Codes:
TRA4A3 - ZAG000157546
TRA4A4 - ZAG000157538
TRA4B1 - ZAG000157520
TRA4A7 - ZAG000163510
TRA4A8 - ZAG000163502
TRA4B2 - ZAG000163494

Moody’s Investor Services announced on 8 June 2023 that it has:

- affirmed the National Scale Ratings accorded to the TRA4A3, TRA4A4, TRA4A7 and TRA4A8 notes of Aaa.za (sf);
- downgraded the Global Scale Ratings accorded to the TRA4A3, TRA4A4, TR4A7 and TRA4A8 notes to Ba1 (sf),
from Baa2 (sf); and
- affirmed the Global Scale Ratings and National Scale Ratings accorded to the TRA4B1 and TRA4B2 notes of B2
(sf) and Baa3.za (sf) respectively;

Moody’s press release can be found through the following link:
https://www.moodys.com/research/Moodys-downgrades-11-notes-in-Transsec-4-RF-Limited-and-Rating-Action--
PR_477504

For further information on the Notes issued please contact:
Nicholas Gunning
Standard Bank
(011) 721 7112
Email: nicholas.gunning@standardbank.co.za


9 June 2023


Debt Sponsor
The Standard Bank of South Africa Limited

Date: 09-06-2023 01:15:00
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.