# Transnet is confident that will raise the required funding to meet its operational requirements and debt obligations for the rest of the year. Rating agency Moody’s has warned that the state-owned entity could run out of money within three months, unless the government steps in with a bailout. In December 2023, the government offered Transnet a 47-billion-rand guarantee facility to help it stay afloat. However, this funding has been fully exhausted. Transnet says it will meet its financial obligations in line with its funding plan.
Transnet confident it will meet its upcoming debt obligations