Sharenet Sites
Sectors
Scanner
To view the PDF file, sign up for a MySharenet subscription.
Back to SENS 

CITY OF EKURHULENI METROPOLITAN MUNICIPALITY - Interest and Capital Payment Notification - EMM08P and EMM09P

Release Date: 30/11/2023 09:00
Code(s): EMM09P EMM08P     PDF:  
Wrap Text
Interest and Capital Payment Notification - EMM08P and EMM09P

Ekurhuleni Metropolitan Municipality
(the "Issuer")
Bond Code: EMM08P
ISIN: ZAG000168816
Bond Code: EMM09P
ISIN: ZAG000168824

INTEREST PAYMENT NOTIFICATION AND PARTIAL CAPITAL REDEMPTION

Noteholders are advised of the following interest payments:

 Bond code:                 EMM08P
 ISIN:                      ZAG000168816
 Payment date:              18 December 2023
 Interest Period            Bi-annual
 Interest amount due:       ZAR27,963,427.40

 Bond code:                 EMM09P
 ISIN:                      ZAG000168824
 Payment date:              18 December 2023
 Interest Period            Bi-annual
 Interest amount due:       ZAR39,702,427.40



The Issuer wishes to advise the noteholders of partial capital redemptions of their EMM08P and EMM09P
notes (the "Notes"), following the semi-annual payments in terms of the Notes' amortising schedules in
accordance with the Terms and Conditions of the Ekurhuleni Metropolitan Municipality ZAR8 billion
Domestic Medium Term Note Programme.

                             Capital                    Amount                        Payment Date
                             Redemption                 Outstanding After
                             Amount                     Capital Redemption
 EMM08P
 (ZAG000168816)              R37,500,000.00             R487,500,000.00               18 December 2023
 EMM09P
 (ZAG000168816)              R37,500,000.00             R637,500,000.00               18 December 2023



30 November 2023

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

Date: 30-11-2023 09:00:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.