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CITY OF EKURHULENI METROPOLITAN MUNICIPALITY - Interest and Capital Payment Notification - EMM03 and EMM04

Release Date: 28/10/2022 16:10
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 November 2022
 Interest amount due:   ZAR 40,200,000.00


 Bond code:             EMM04
 ISIN:                  ZAG000105669
 Coupon:                9.155%
 Interest period:       Semi-Annually
 Payment date:          16 November 2022
 Interest amount due:   ZAR 14,648,000.00



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 November 2022.


                             Capital Redemption                   Amount Outstanding After
                                   Amount                           Capital Redemption

   EMM04–
                               R26,666,666.67                          R293,333,333.23
 ZAG000105669



28 October 2022

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

Date: 28-10-2022 04:10:00
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