NITRO SECURITISATION 6 (RF) LIMITED - NSLI - Notification of the Full Capital Reduction of listed debt securities and Interest Payments

NSLI - Notification of the Full Capital Reduction of listed debt securities and Interest Payments

Nitro Securitisation 6 (RF) Limited
(Incorporated in the Republic of South Africa)
(Registration No. 2015/325900/06)
Company code: NSLI
LEI: 37890021C0CCC90C3747
Bond code: N6D26         ISIN: ZAG000150558
Bond code: N6E26         ISIN: ZAG000150566
Bond code: N6F26         ISIN: ZAG000150574
Bond code: N6G26         ISIN: ZAG000150582
(“Nitro 6” or the “Issuer”)


NOTIFICATION OF THE FULL CAPITAL REDUCTION OF LISTED DEBT SECURITIES AND INTEREST
PAYMENTS

NOTIFICATION OF THE FULL CAPITAL REDUCTION OF LISTED DEBT SECURITIES

Further to the announcement released on SENS by the Issuer on 24 February 2022, in relation to the
exercise by the Issuer of the Clean-Up Call Option, and in accordance with the Terms and Conditions
of Nitro 6’s ZAR 2 040 000 000 Asset Backed Notes Offering Circular dated 5 April 2018 (the “Offering
Circular”), noteholders are herewith advised of the full capital reduction of the N6D26, N6E26, N6F26
and N6G26 notes (collectively, the “notes”).

Bond Code:                      N6D26
ISIN:                           ZAG000150558
Amount before Reduction:        ZAR 25 086 000.00
Reduction Amount:               ZAR 25 086 000.00
Amount after Reduction:         ZAR 0.00

Bond Code:                      N6E26
ISIN:                           ZAG000150566
Amount before Reduction:        ZAR 65 000 000.00
Reduction Amount:               ZAR 65 000 000.00
Amount after Reduction:         ZAR 0.00

Bond Code:                      N6F26
ISIN:                           ZAG000150574
Amount before Reduction:        ZAR 55 000 000.00
Reduction Amount:               ZAR 55 000 000.00
Amount after Reduction:         ZAR 0.00

Bond Code:                      N6G26
ISIN:                           ZAG000150582
Amount before Reduction:        ZAR 40 000 000.00
Reduction Amount:               ZAR 40 000 000.00
Amount after Reduction:         ZAR 0.00

Record Date:                    18 March 2022
Effective and Pay Date:         22 March 2022

The full capital reductions are due to the early redemption of the notes by the Issuer and is in line with
the Terms and Conditions set out in the Offering Circular.


INTEREST PAYMENT NOTIFICATIONS

Noteholders are advised of the following interest payments due 22 March 2022:

Bond code:                       N6D26
ISIN:                            ZAG000150558
Coupon:                          5.473%
Interest amount due:             ZAR 346 060.34

Bond code:                       N6E26
ISIN:                            ZAG000150566
Coupon:                          5.983%
Interest amount due:             ZAR 980 228.49

Bond code:                       N6F26
ISIN:                            ZAG000150574
Coupon:                          7.683%
Interest amount due:             ZAR 1 065 095.34

Bond code:                       N6G26
ISIN:                            ZAG000150582
Coupon:                          9.883%
Interest amount due:             ZAR 996 423.01

Interest period:                 20 December 2021 to 21 March 2022
Payment date:                    22 March 2022
Date Convention:                 Following Business Day



10 March 2022

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

Date: 10-03-2022 10:30:00
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