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CITY OF EKURHULENI METROPOLITAN MUNICIPALITY - CANCELLATION OF S409650 Interest and Capital Payment Notification - EMM07 and EMM07P

Release Date: 04/01/2019 13:58
Code(s): EMM07 EMM07P
Wrap Text
CANCELLATION OF S409650 Interest and Capital Payment Notification - EMM07 and EMM07P

Ekurhuleni Metropolitan Municipality
Bond Code: EMM07
ISIN: ZAG000145194

Bond Code: EMM07P
ISIN: ZAG000145384

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 2019
 Interest amount due:   ZAR 23,670,000.00


 Bond code:             EMM07P
 ISIN:                  ZAG000145384
 Coupon:                11.32%
 Interest period:       17 July 2018          To   16 January 2019
 Payment date:          17 January 2019
 Interest amount due:   ZAR 42,608,686.72




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 2019 and 17 January
2019 respectively.


                             Capital Redemption                   Amount Outstanding After
                                   Amount                           Capital Redemption

   EMM07–
                               R25,000,000.00                          R425,000,000.00
 ZAG000127358

   EMM07P–
                               R26,666,667.00                          R719,999,999.00
 ZAG000127358




04 January 2019

Debt sponsor
Absa Bank Limited (acting through its Corporate and Investment Bank division)

Date: 04/01/2019 01:58:59 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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