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AMBER HOUSE FUND 5 (RF) LIMITED - Rating Action by Moodys Ratings

Release Date: 31/05/2024 12:28
Code(s): AH5A21 AH5B11 AH5A31     PDF:  
Wrap Text
Rating Action by Moody’s Ratings

Amber House Fund 5 (RF) Limited ("Amber 5")
(incorporated with limited liability in the Republic of South Africa)
(Registration number: 2017/052607/06)
Issuer Code: AMBI5

Stock Codes: AH5A21, AH5A31, AH5B11
ISIN Codes: ZAG000198110, ZAG000198102, ZAG000198128

The Amber House Fund 5 (RF) Limited - Rating Action by Moody's Ratings

On 29 May 2024, Moody's Ratings (Moody's) published updates to its ratings methodologies applicable to South African
Mortgage-Backed Securitisations.

Following these updates, on 31 May 2024, Moody's announced that it has downgraded the global scale ratings (GSRs) of 28
Notes together with the national scale ratings (NSRs) of 5 Notes issued by seven Mortgage-Backed Securitisations administered
by SA Home Loans (Pty) Limited (SAHL).

The press release published by Moody's can be found through the following link:
Press Release

The national scale ratings in respect of the Class B Secured Floating Rate Notes were downgraded from Aaa.za (sf) to Aa1.za
(sf) (ISIN No. ZAG000198128, Listing Code AH5B11).

The national scale ratings in respect all remaining Notes issued by Amber 5 were not unaffected.

For further information, please contact:
Nicholas Gunning
Standard Bank
(011) 721 7112
Email: nicholas.gunning@standardbank.co.za

31 May 2024

Debt Sponsor
The Standard Bank of South Africa Limited

Date: 31-05-2024 12:28:00
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