{"id":15701,"date":"2012-10-18T18:06:42","date_gmt":"2012-10-18T16:06:42","guid":{"rendered":"http:\/\/www.myza.co.za\/10\/text-sp-revises-various-south-africa-national-scale-ratings\/"},"modified":"2012-10-18T18:06:42","modified_gmt":"2012-10-18T16:06:42","slug":"text-sp-revises-various-south-africa-national-scale-ratings","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/text-sp-revises-various-south-africa-national-scale-ratings\/","title":{"rendered":"TEXT-S&amp;P revises various South Africa national scale ratings"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>Oct 18 &#8211; Standard  Poor&#8217;s Ratings Services said today that it has revised its South Africa<br \/>\nnational scale ratings on various companies (see list below). The rating actions follow the<br \/>\npublication of revised mapping guidance for the South Africa national credit<br \/>\nrating scale (see &#8220;Standard  Poor&#8217;s Revises Mapping Guidance For South Africa<br \/>\nNational Credit Rating Scale Following Sovereign Downgrade,&#8221; published Oct.<br \/>\n15, 2012 on RatingsDirect on the Global Credit Portal). The revised mapping<br \/>\nguidance follows the downgrade of the Republic of South Africa on Oct. 12,<br \/>\n2012 (see &#8220;South Africa FC Long-Term Rating Lowered To &#8216;BBB&#8217;; LC Ratings<br \/>\nLowered To &#8216;A-\/A-2&#8217;; Outlook Remains Negative&#8221;). The South Africa national<br \/>\nscale ratings on the Republic of South Africa are unchanged at &#8216;zaAAA\/zaA-1&#8217;.<\/p>\n<p><span><\/span><\/p>\n<p>The rating actions do not reflect any change in our view of the fundamental<br \/>\ncredit quality of the companies listed below, but result from recalibrating<br \/>\nour South Africa national rating scale.<\/p>\n<p><span><\/span><\/p>\n<p>South Africa national scale credit ratings express relative opinions about the<br \/>\ncreditworthiness of an issuer or credit quality of an individual debt issue,<br \/>\nfrom strongest to weakest, within a universe of credit risk within the<br \/>\ncountry. With the revised mapping, the more creditworthy entities in the<br \/>\ncountry will receive higher national scale ratings, in line with our national<br \/>\nscale criteria.<\/p>\n<p><span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>RATINGS LIST<\/p>\n<p><span><\/span><\/p>\n<p>To                  From<\/p>\n<p><span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>AngloGold Ashanti Ltd.<br \/>\n\u00a0 <span class=\"label\"><strong>Continued&#8230;<\/strong><\/span><\/p>\n<p><span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oct 18 &#8211; Standard Poor&#8217;s Ratings Services said today that it has revised its South Africa national scale ratings on various companies (see list below). The rating actions follow the publication of revised mapping guidance for the South Africa national credit rating scale (see &#8220;Standard Poor&#8217;s Revises Mapping Guidance For South Africa National Credit Rating [&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-15701","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\/15701","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=15701"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/15701\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=15701"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=15701"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=15701"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}