TEXT-Fitch revises South Africa national ratings
Transnet SOC Ltd Long-term National Rating revised to 'A+(zaf)'/Stable
Transnet SOC Ltd Short-term National Rating revised to 'F1(zaf)'
Transnet SOC Ltd senior unsecured rating (bank credit facility) revised to 'A+(zaf)'
Transnet SOC Ltd senior unsecured rating (guaranteed bonds) revised to 'AA+(zaf)'
Barloworld Ltd Long-term National Rating and senior unsecured rating revised to 'AA-(zaf)'/Stable
Aveng Ltd Long-term National Rating revised to 'A+(zaf)'/Stable
Naspers Ltd (Naspers)Long-term National Rating revised to 'A+(zaf)'/Stable
Sappi Southern Africa (Pty) Ltd National Rating and senior unsecured rating revised to 'A+(zaf)'/Stable
Pick n Pay Stores Ltd National Rating revised to 'A+(zaf)'/Negative
Affected debt instruments issued by TCTA projects: Berg Water Project, Vaal River Eastern Sub-System Augmentation Project, Mooi-Mgeni Transfer Scheme phase 2, Komati Water Scheme Augmentation Project and Mokolo Crocodile Water Augmentation Project National Long-term ratings were revised to 'AA(zaf)' with Stable Outlooks. The Short-term ratings remain unchanged at 'F1+(zaf)'.
All other short-term South African national ratings of the affected issuers remain unchanged.
Steinhoff International Holdings Ltd remained at 'A-(zaf)'/Negative
Steinhoff Services (Pty) Ltd remained at 'A-(zaf)'/Negative
Airports Company South Africa (ACSA) remained at 'AA-(zaf)'/Stable
Alexander Forbes Preference Share Investments Ltd senior unsecured rating remained 'BB-(zaf)'
- Housing, jobs data weaken, but overall economic picture still upbeat
- Putin critic Khodorkovsky in Germany after pardon
- Target cyber breach hits 40 million payment cards at holiday peak |
- Pizza outlet attacked as India, U.S. fail to cool diplomat row |
- New York Mayor-elect's reputation for lateness parodied on Twitter