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 - EMM03 and EMM04

Release Date: 28/04/2022 14:00
Code(s): EMM03 EMM04     PDF:  
Wrap Text
Interest and Capital Payment Notification - EMM03 and EMM04

Ekurhuleni Metropolitan Municipality
Bond Code: EMM03
ISIN: ZAG000094848

Bond Code: EMM04
ISIN: ZAG000105669


INTEREST PAYMENT NOTIFICATION AND PARTIAL CAPITAL REDEMPTION

Bondholders are advised of the following interest payments:


 Bond code:             EMM03
 ISIN:                  ZAG000094848
 Coupon:                10.050%
 Interest period:       Semi-Annually
 Payment date:          04 May 2022
 Interest amount due:   ZAR 40,200,000.00


 Bond code:             EMM04
 ISIN:                  ZAG000105669
 Coupon:                9.155%
 Interest period:       Semi-Annually
 Payment date:          16 May 2022
 Interest amount due:   ZAR 15,868,666.66



In accordance with the Terms and Conditions of the Ekurhuleni Metropolitan Municipality ZAR8
billion Domestic Medium Term Note Programme, investors are herewith advised of the partial
capital redemption of the EMM04 note effective 16 May 2022.


                            Capital Redemption                   Amount Outstanding After
                                 Amount                            Capital Redemption

   EMM04–
                               R26,666,666.67                          R319,999,999.90
 ZAG000105669



28 April 2022

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

Date: 28-04-2022 02:00:00
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.