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TRANSACTION CAPITAL LIMITED - TCP TCII - Global Credit Ratings affirms Transaction Capital Limiteds national scale credit rating at A-(za)

Release Date: 14/08/2019 17:05
Code(s): TCP     PDF:  
 
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TCP TCII - Global Credit Ratings affirms Transaction Capital Limited’s national scale credit rating at A-(za)

Transaction Capital Limited                                   TransCapital Investments Limited
(Incorporated in the Republic of South Africa)                (Incorporated in the Republic of South Africa)
Registration No: 2002/031730/06                               (Registration No. 2016/130129/06)                                      
JSE share code: TCP                                            JSE debt code: TCII
ISIN: ZAE000167391                                                            
(“Transaction Capital” or “the Company”)            
                                                                    
  
GLOBAL CREDIT RATINGS AFFIRMS TRANSACTION CAPITAL LIMITED’S
LONG-TERM SOUTH AFRICAN NATIONAL SCALE CREDIT RATING AT A-(ZA)

Shareholders are hereby advised that Transaction Capital Limited’s long-term South African national
scale rating has been affirmed by Global Credit Ratings (“GCR”) at A-(za), while the short-term rating
has been revised to A2(za) due to change in GCR’s rating definitions. Transaction Capital Limited’s
long-term unsolicited international scale ratings have been revised to B+ from BB- due to a change in
GCR’s mapping methodology with all outlooks accorded as stable.


A full ratings report will be uploaded onto the website once made available by GCR. Shareholders are
referred to the company’s website on www.transactioncapital.co.za.



Dunkeld West
14 August 2019

Enquiries:
Phillipe Welthagen - Investor Relations
Telephone: +27 (0) 11 049 6700

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

Date: 14/08/2019 05:05:00
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