CITY OF EKURHULENI METROPOLITAN MUNICIPALITY - EMM05 - Interest payment notification and partial capital redemption

EMM05 - Interest payment notification and partial capital redemption

Ekurhuleni Metropolitan Municipality
Bond Code: EMM05
ISIN: ZAG000115148

INTEREST PAYMENT NOTIFICATION AND PARTIAL CAPITAL REDEMPTION

Bondholders are advised of the following interest payments:

 Bond code:             EMM05
 ISIN:                  ZAG000115148
 Coupon:                10.67%
 Interest period:       Semi - Annual
 Payment date:          17 October 2023
 Interest amount due:   ZAR 16,751,900.01


The Ekurhuleni Metropolitan Municipality (the ‘Issuer”) wishes to advise noteholders of a
partial capital redemption of its EMM05 note (the “Note”), following the semi-annual
payment in terms of the Note’s amortising schedule in accordance with the Terms and
Conditions of the Ekurhuleni Metropolitan Municipality ZAR8 billion Domestic
Medium Term Note Programme, effective 17 October 2023.

                             Capital Redemption                   Amount Outstanding After
                                   Amount                           Capital Redemption

   EMM05–
   ZAG000115148                R26,166,666.66                          R287,833,333.45
 


21 September 2023

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

Date: 21-09-2023 12:45:00
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.