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

Release Date: 06/01/2022 08:45
Code(s): EMM07 EMM07P     PDF:  
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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:       10 July 2021 to 10 January 2022
 Payment date:          10 January 2022
 Interest amount due:   ZAR 15,780,000.00


 Bond code:             EMM07P
 ISIN:                  ZAG000145384
 Coupon:                11.32%
 Interest period:       19 July 2021 to 16 January 2022
 Payment date:          17 January 2022
 Interest amount due:   ZAR 33,114,359.67



PARTIAL CAPITAL REDEMPTION

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 notes effective 10 January 2022 and EMM07P notes effective
17 January 2022 respectively.


                              Capital Redemption              Amount Outstanding After
                                   Amount                       Capital Redemption

     EMM07–
  ZAG000145194                  R25,000,000.00                   R275,000,000.00
   

     EMM07P–
  ZAG000145384                  R26,666,667.00                   R559,999,997.00
   


06 January 2022

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

Date: 06-01-2022 08:45:00
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