| Tue 7 Jan 2020, 13:58 | | Interest and Capital Payment Notification - EMM07, EMM07P and EMM01 |
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Interest and Capital Payment Notification - EMM07, EMM07P and EMM01:
CITY OF EKURHULENI METROPOLITAN MUNICIPALITY
JSE alpha code: BIEM
("City of Ekurhuleni" or the "CoE")
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 January 2020
Interest amount due: ZAR 21,040,000.00
Bond code: EMM07P
ISIN: ZAG000145384
Coupon: 11.32%
Interest period: 17 July 2019 To 16 January 2020
Payment date: 17 January 2020
Interest amount due: ZAR 39,565,209.06
Bond code: EMM01
ISIN: ZAG000078916
Coupon: 10.56%
Interest period: Semi - Annual
Payment date: 29 January 2020
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 January 2020 and 17 January
2020 respectively.
Capital Redemption Amount Outstanding After
Amount Capital Redemption
EMM07-
R25,000,000.00 R375,000,000.00
ZAG000145194
EMM07P-
R26,666,667.00 R666,666,665.00
ZAG000145384
07 January 2020
Debt sponsor
Absa Bank Limited (acting through its Corporate and Investment Bank division)
Date: 07-01-2020 01:59:00
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