INGUZA INVESTMENTS (RF) LIMITED - ING383 - Notification of A Partial Capital Reduction And Accrued Interest Payment of Listed Debt Securities

ING383 - Notification of A Partial Capital Reduction And Accrued Interest Payment of Listed Debt Securities

iNguza Investments (RF) Limited
(Incorporated in the Republic of South Africa)
(Registration No. 2008/003346/06)
Company code: BIIIPL
Bond code: ING383
ISIN: ZAG000154048
(“iNguza” or “the Issuer”)

NOTIFICATION OF A PARTIAL CAPITAL REDUCTION AND ACCRUED INTEREST PAYMENT OF LISTED DEBT
SECURITIES

In accordance with the terms and conditions of iNguza’s ZAR 25 000 000 000 Asset-Backed Note Programme
dated 12 February 2019, bondholders are herewith advised of the partial capital reduction of the ING383
notes and the accrued interest paid thereon.

Bond code:                                                        ING383
ISIN:                                                             ZAG000154048

Nominal amount before reduction:                                  ZAR 207 007 107.00
Reduction of nominal amount:                                      ZAR 12 032 529.52
Nominal amount after reduction:                                   ZAR 194 974 579.48
Settlement / redemption amount:                                   ZAR 12 063 351.00
Pay date of the repurchase:                                       14 January 2020
Effective date of the reduction in nominal amount:                17 January 2020

Accrued interest amount:                                          ZAR 30 821.48, included in the settlement
                                                                  amount
Annualised interest rate:                                         11.68%
Interest period:                                                  31 December 2019 to 13 January 2020


The partial capital reduction is due to the repurchase of the listed debt securities of the issuer.


17 January 2020

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

Date: 17-01-2020 12:53:00
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