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CITY OF EKURHULENI METROPOLITAN MUNICIPALITY - Interest and Capital Payment Notification - EMM08P, EMM09P and EMM06

Release Date: 07/12/2021 15:35
Code(s): EMM09P EMM06 EMM08P     PDF:  
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Interest and Capital Payment Notification - EMM08P, EMM09P and EMM06

Ekurhuleni Metropolitan Municipality
Bond Code: EMM08P
ISIN: ZAG000168816
Bond Code: EMM09P
ISIN: ZAG000168824
Bond Code: EMM06
ISIN: ZAG000127358



INTEREST PAYMENT NOTIFICATION AND PARTIAL CAPITAL REDEMPTION

Bondholders are advised of the following interest payments:


 Bond code:             EMM08P
 ISIN:                  ZAG000168816
 Coupon:                10.682%
 Interest period:       18 June 2021 to 19 December 2021
 Payment date:          20 December 2021
 Interest amount due:   ZAR 36,545,609.59


 Bond code:             EMM09P
 ISIN:                  ZAG000168824
 Coupon:                11.796%
 Interest period:       18 June 2021 to 19 December 2021
 Payment date:          20 December 2021
 Interest amount due:   ZAR 49,325,054.79


 Bond code:             EMM06
 ISIN:                  ZAG000127358
 Coupon:                10.25%
 Interest period:       Semi-Annual
 Payment date:          23 December 2021
 Interest amount due:   ZAR 15,375,000.00



In accordance with the Terms and Conditions of the Ekurhuleni Metropolitan Municipality
ZAR 8billion Domestic Medium Term Note Programme, investors are herewith advised of the
partial capital redemption of the EMM08P & EMM09P notes effective 20 December 2021 and
EMM06 note effective 23 December 2021.

                                   Capital Redemption               Amount Outstanding
                                        Amount                    After Capital Redemption

       EMM08P–
                                     R37,500,000.00                    R637,500,000.00
     ZAG000168816

       EMM09P–
                                     R37,500,000.00                    R787,500,000.00
     ZAG000168824

       EMM06–
                                     R37,500,000.00                    R262,500,000.00
     ZAG000127358




07 December 2021

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

Date: 07-12-2021 03:35:00
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