{"id":7684,"date":"2012-02-06T13:44:52","date_gmt":"2012-02-06T11:44:52","guid":{"rendered":"http:\/\/www.myza.co.za\/02\/text-sp-report-discusses-south-african-infrastructure-ratings\/"},"modified":"2012-02-06T13:44:52","modified_gmt":"2012-02-06T11:44:52","slug":"text-sp-report-discusses-south-african-infrastructure-ratings","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/text-sp-report-discusses-south-african-infrastructure-ratings\/","title":{"rendered":"TEXT-S&P report discusses South African infrastructure ratings"},"content":{"rendered":"

\t\t<\/span><\/p>\n

<\/span><\/p>\n

<\/span><\/p>\n

Feb 06 – In response to investors’ questions regarding our methodology for assessing the
\ncredit quality of rated South African infrastructure companies, Standard Poor’s Ratings
\nServices has published a QA titled “Examining The Factors Behind The Ratings On South
\nAfrican Infrastructure Companies ESKOM, Rand Water, And Transnet.” We
\nconsider this trio of companies to be government-related entities, and therefore we take into
\naccount our assessment of their stand-alone credit profiles as well as their links to, and roles
\nfor, the Republic of South Africa (foreign currency BBB+\/Stable\/A-2, local currency
\nA\/Stable\/A-1).<\/p>\n

<\/span><\/p>\n

(Note: To accompany the report, there is a related CreditMatters TV segment
\ntitled, “South African Infrastructure: Behind The Ratings On ESKOM, Rand
\nWater, And Transnet.”)<\/p>\n

<\/span><\/p>\n

<\/span><\/p>\n

In the QA, we address the following questions:<\/p>\n

<\/span><\/p>\n

— What is Standard Poor’s analytical approach to rating these three
\nSouth Africa-based infrastructure companies?<\/p>\n

<\/span><\/p>\n

— How does Standard Poor’s assess the stand-alone credit quality of
\nthe three GREs?<\/p>\n

<\/span><\/p>\n

— How does Standard Poor’s evaluate the likelihood of extraordinary
\ngovernment support for each GRE?<\/p>\n

<\/span><\/p>\n

— How does the difference in Standard Poor’s assessment of ESKOM’s and
\nTransnet’s SACPs, roles for, and links with the government affect the issuer
\ncredit ratings?
\n\u00a0 Continued…<\/strong><\/span><\/p>\n

<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Feb 06 – In response to investors’ questions regarding our methodology for assessing the credit quality of rated South African infrastructure companies, Standard Poor’s Ratings Services has published a QA titled “Examining The Factors Behind The Ratings On South African Infrastructure Companies ESKOM, Rand Water, And Transnet.” We consider this trio of companies to be […]<\/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-7684","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\/7684","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=7684"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/7684\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=7684"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=7684"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=7684"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}