{"id":13011,"date":"2012-07-31T13:50:25","date_gmt":"2012-07-31T11:50:25","guid":{"rendered":"http:\/\/www.myza.co.za\/07\/text-fitch-affirms-thekwini-7\/"},"modified":"2012-07-31T13:50:25","modified_gmt":"2012-07-31T11:50:25","slug":"text-fitch-affirms-thekwini-7","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/text-fitch-affirms-thekwini-7\/","title":{"rendered":"TEXT-Fitch affirms Thekwini 7"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>(The following statement was released by the rating agency)<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>July 31 &#8211; Fitch Ratings has affirmed Thekwini Fund 7 (Pty) Limited (Thekwini 7), as follows:<\/p>\n<p><span><\/span><\/p>\n<p>Class A2a Notes: affirmed at &#8216;AAA(zaf)&#8217;, RWN removed; Outlook Stable<\/p>\n<p><span><\/span><\/p>\n<p>Class A2b Notes: affirmed at &#8216;AAA(zaf)&#8217;, RWN removed; Outlook Stable<\/p>\n<p><span><\/span><\/p>\n<p>Class A3 Notes: affirmed at &#8216;AAA(zaf)&#8217;, RWN removed; Outlook Stable<\/p>\n<p><span><\/span><\/p>\n<p>Class B Notes: affirmed at &#8216;A(zaf)&#8217;, RWN removed; Outlook Stable<\/p>\n<p><span><\/span><\/p>\n<p>Class C Notes: affirmed at &#8216;BBB(zaf)&#8217;, RWN removed; Outlook Stable<\/p>\n<p><span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>Fitch initially placed the notes on RWN on 12 August 2010 as a result of<br \/>\nperformance concerns in the South African mortgage market and to reflect the<br \/>\npossibility of downgrades as a result of revised mortgage criteria. The agency<br \/>\nhas affirmed the notes&#8217; ratings based on its revised mortgage loss criteria<br \/>\npublished on 2 March 2012, which takes into account the performance of the South<br \/>\nAfrican mortgage market over recent years.<br \/>\n\u00a0 <span class=\"label\"><strong>Continued&#8230;<\/strong><\/span><\/p>\n<p><span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(The following statement was released by the rating agency) July 31 &#8211; Fitch Ratings has affirmed Thekwini Fund 7 (Pty) Limited (Thekwini 7), as follows: Class A2a Notes: affirmed at &#8216;AAA(zaf)&#8217;, RWN removed; Outlook Stable Class A2b Notes: affirmed at &#8216;AAA(zaf)&#8217;, RWN removed; Outlook Stable Class A3 Notes: affirmed at &#8216;AAA(zaf)&#8217;, RWN removed; Outlook Stable [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[830,2370,183],"class_list":{"0":"post-13011","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-news","8":"tag-reuters","9":"tag-south-africa-2","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/13011","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=13011"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/13011\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=13011"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=13011"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=13011"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}