THE NITRO SECURITISATION 5 ISSUER TRUST - N5C23 - Partial Capital Redemption
N5C23 201709140016A
N5C23 - Partial Capital Redemption
The Nitro Securitisation 5 Issuer Trust
(Incorporated in the Republic of South Africa)
(Master’s Reference No. IT022168/2014)
Company code: NIT
Bond code: N5C23
ISIN: ZAG000126855
(“Nitro 5”)
PARTIAL CAPITAL REDEMPTION
In accordance with the Terms and Conditions of Nitro 5’s ZAR 2,457,000,000.00 Asset Backed Notes Offering
Circular dated 4 June 2015, investors are herewith advised of the partial capital redemptions of the N5C23
notes.
Bond Code: N5C23
Effective Date: 20 September 2017
Amount Outstanding before Redemption: ZAR 230,458,000.00
Capital Redemption Amount: ZAR 131,537,000.00
Amount Outstanding after Redemption: ZAR 98,921,000.00
The partial redemption is in line with the terms set out in the Nitro Securitisation 5 Issuer Trust Offering Circular.
14 September 2017
Debt Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
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