NITRO PROGRAMME (RF) LIMITED - NTPI - Notification of Interest Payments and Partial Capital Reduction of Listed Debt Securities

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

Nitro Programme (RF) Limited
(Incorporated in the Republic of South Africa)
(Registration No. 2018/453364/06)
Company code: NTPI
Bond Code: N7B25        ISIN: ZAG000159039
Bond Code: N7C25        ISIN: ZAG000159047
Bond Code: N7D25        ISIN: ZAG000159054
Bond Code: N7E25        ISIN: ZAG000159062
(“Nitro Programme”)


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:                      N7B25
ISIN:                           ZAG000159039
Coupon:                         5.247%
Interest amount due:            ZAR 14 600 435.60

Bond code:                      N7C25
ISIN:                           ZAG000159047
Coupon:                         6.717%
Interest amount due:            ZAR 1 674 649.32

Bond code:                      N7D25
ISIN:                           ZAG000159054
Coupon:                         7.967%
Interest amount due:            ZAR 1 589 034.52

Bond code:                      N7E25
ISIN:                           ZAG000159062
Coupon:                         9.117%
Interest amount due:            ZAR 1 363 803.29

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


NOTIFICATION OF A PARTIAL CAPITAL REDUCTION OF LISTED DEBT SECURITIES

In accordance with the Terms and Conditions of Nitro Programme’s ZAR 6 000 000 000.00 Asset
Backed Securities Programme (the “Programme”) dated 25 April 2019, noteholders are herewith
advised of the partial capital reduction of the N7B25 notes.

Bond Code:                                       N7B25
ISIN:                                         ZAG000159039
Amount before Reduction:                      ZAR 1 116 108 000.00
Reduction Amount:                             ZAR 153 615 000.00
Amount after Reduction:                       ZAR 962 493 000.00
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 Programme.



9 September 2020

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

Date: 09-09-2020 02:41:00
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