Moody’s Upgrades Its Outlook On Transnet’s Credit Rating
Noteholders are informed that on 6 February 2023, Moody’s Investors Service (“Moody’s”) changed the outlook on all ratings of Transnet SOC Ltd. (“Transnet” or “the company”) to stable from negative. At the same time, Moody’s affirmed most of Transnet’s ratings, including the corporate family rating (CFR) of Ba3, the national scale senior unsecured MTN programme…