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05.06.2015 18:49:00
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Transnet SOC Ltd. -- Moody's downgrades Transnet to Baa2, national scale ratings affirmed, outlook stable
London, 05 June 2015 -- Moody's Investors Service (Moody's) has today downgraded Transnet SOC Limited's (Transnet) senior unsecured long-term ratings to Baa2 from Baa1 and lowered its baseline credit assessment (BCA) to baa2 from baa1. Concurrently, Moody's has affirmed Transnet's national scale senior unsecured long-term MTN rating at (P)A1.za, its national scale short-term MTN rating at (P)Prime-1.za and its global short-term issuer rating at Prime-2. The outlook on all of the ratings has been changed to stable from negative.
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