NITRO SECURITISATION 6 (RF) LIMITED - NSLI - Notification of Interest Payments and Partial Capital Reduction of Listed Debt Securities

NSLI - Notification of Interest Payments and Partial Capital Reduction of Listed Debt Securities

Nitro Securitisation 6 (RF) Limited
(previously Multi-Issuer Programme 10 (RF) Limited)
(Incorporated in the Republic of South Africa)
(Registration No. 2015/325900/06)
Company code: NSLI
Bond code: N6C26         ISIN: ZAG000150541
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 INTEREST PAYMENTS AND PARTIAL CAPITAL REDUCTION OF LISTED DEBT
SECURITIES


INTEREST PAYMENT NOTIFICATIONS

Noteholders are advised of the following interest payments due 21 September 2020:

Bond code:                    N6C26
ISIN:                         ZAG000150541
Coupon:                       5.407%
Interest amount due:          ZAR 4 249 447.22

Bond code:                    N6D26
ISIN:                         ZAG000150558
Coupon:                       5.507%
Interest amount due:          ZAR 2 745 956.16

Bond code:                    N6E26
ISIN:                         ZAG000150566
Coupon:                       6.017%
Interest amount due:          ZAR 975 083.70

Bond code:                    N6F26
ISIN:                         ZAG000150574
Coupon:                       7.717%
Interest amount due:          ZAR 1 058 180.41

Bond code:                    N6G26
ISIN:                         ZAG000150582
Coupon:                       9.917%
Interest amount due:          ZAR 988 983.01

Interest period:              22 June 2020 to 20 September 2020
Payment date:                 21 September 2020
Date Convention:              Following Business Day

NOTIFICATION OF A PARTIAL CAPITAL REDUCTION OF LISTED DEBT SECURITIES

In accordance with the Terms and Conditions of Nitro 6’s ZAR ZAR2,040,000,000.00 Asset Backed
Notes Offering Circular (the “Offering Circular”) dated 29 March 2018, noteholders are herewith
advised of the partial capital reduction of the N6C26 notes.

Bond Code:                      N6C26
ISIN:                           ZAG000150541
Amount before Reduction:        ZAR 315 230 000.00
Reduction Amount:               ZAR 107 564 000.00
Amount after Reduction:         ZAR 207 666 000.00
Record Date:                    11 September 2020
Effective and Pay Date:         21 September 2020

The partial capital reduction is due to the early redemption of the listed debt securities by the Issuer
and is in line with the Terms and Conditions set out in the Offering Circular.



9 September 2020

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

Date: 09-09-2020 02:35:00
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