| Thu 4 Jul 2019, 15:30 | | CITY OF EKURHULENI METROPOLITAN MUNICIPALITY - Interest and Capital Payment Notification - EMM07, EMM07P and EMM01 |
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EMM01 EMM07 EMM07P 201907040053A
Interest and Capital Payment Notification - EMM07, EMM07P and EMM01
Ekurhuleni Metropolitan Municipality
Bond Code: EMM07
ISIN: ZAG000145194
Bond Code: EMM07P
ISIN: ZAG000145384
Bond Code: EMM01
ISIN: ZAG000078916
INTEREST PAYMENT NOTIFICATION AND PARTIAL CAPITAL REDEMPTION
Bondholders are advised of the following interest payments:
Bond code: EMM07
ISIN: ZAG000145194
Coupon: 10.52%
Interest period: Semi - Annual
Payment date: 10 July 2019
Interest amount due: ZAR 22,355,000.00
Bond code: EMM07P
ISIN: ZAG000145384
Coupon: 11.32%
Interest period: 17 January 2019 To 16 July 2019
Payment date: 17 July 2019
Interest amount due: ZAR 40,417,052.00
Bond code: EMM01
ISIN: ZAG000078916
Coupon: 10.56%
Interest period: Semi - Annual
Payment date: 29 July 2019
Interest amount due: ZAR 43,032,000.00
In accordance with the Terms and Conditions of the Ekurhuleni Metropolitan Municipality ZAR8
billion Domestic Medium Term Note Programme, investors are herewith advised of the partial
capital redemptions of the EMM07 and EMM07P notes effective 10 July 2019 and 17 July 2019 respectively.
Capital Redemption Amount Outstanding After
Amount Capital Redemption
EMM07ā
R25,000,000.00 R400,000,000.00
ZAG000145194
EMM07Pā
R26,666,667.00 R693,333,332.00
ZAG000145384
04 July 2019
Debt sponsor
Absa Bank Limited (acting through its Corporate and Investment Bank division)
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