NITRO PROGRAMME (RF) LIMITED - NTPI - Notifications of a Partial Capital Reduction of Listed Debt Securities and Interest Payments

NTPI - Notifications of a Partial Capital Reduction of Listed Debt Securities and Interest Payments

Nitro Programme (RF) Limited
(Incorporated in the Republic of South Africa)
(Registration No. 2018/453364/06)
Company code: NTPI
Bond Code: N7B25        ISIN: ZAG000159039
Bond Code: N7C25        ISIN: ZAG000159047
Bond Code: N7D25        ISIN: ZAG000159054
Bond Code: N7E25        ISIN: ZAG000159062
(“Nitro Programme”)

NOTIFICATIONS OF A PARTIAL CAPITAL REDUCTION OF LISTED DEBT SECURITIES AND
INTEREST PAYMENTS

INTEREST PAYMENT NOTIFICATIONS

Noteholders are advised of the following interest payments due 21 December 2020:

Bond code:                       N7B25
ISIN:                            ZAG000159039
Coupon:                          4.697%
Interest amount due:             ZAR 11 271 109.47

Bond code:                       N7C25
ISIN:                            ZAG000159047
Coupon:                          6.167%
Interest amount due:             ZAR 1 537 526.03

Bond code:                       N7D25
ISIN:                            ZAG000159054
Coupon:                          7.417%
Interest amount due:             ZAR 1 479 335.89

Bond code:                       N7E25
ISIN:                            ZAG000159062
Coupon:                          8.567%
Interest amount due:             ZAR 1 281 529.32

Interest period:                 21 September 2020 to 20 December 2020
Payment date:                    21 December 2020
Date Convention:                 Modified Following Business Day

NOTIFICATION OF A PARTIAL CAPITAL REDUCTION OF LISTED DEBT SECURITIES

In accordance with the Terms and Conditions of Nitro Programme’s ZAR 6 000 000 000.00 Asset
Backed Securities Programme (the “Programme”) dated 25 April 2019, noteholders are herewith
advised of the partial capital reduction of the N7B25 notes.

Bond Code:                       N7B25
ISIN:                            ZAG000159039
Amount before Reduction:         ZAR 962 493 000.00
Reduction Amount:                ZAR 145 130 000.00
Amount after Reduction:          ZAR 817 363 000.00
Record Date:                     18 December 2020
Effective and Pay Date:          21 December 2020

The partial capital reduction is due to the early redemption of the listed debt securities by the Issuer and
is in line with the Terms and Conditions set out in the Programme.

10 December 2020

Debt Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 10-12-2020 08:00:00
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