NITRO PROGRAMME (RF) LIMITED - N7A20 - Notification of a Full Capital Reduction Of Listed Debt Securities

N7A20 - Notification of a Full 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: N7A20
ISIN: ZAG000159021
(“Nitro Programme”)

NOTIFICATION OF A FULL 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 full
capital reduction of the N7A20 notes.


Bond Code:                                        N7A20
ISIN:                                             ZAG000159021
Amount before Reduction:                          ZAR 4 508 000.00
Reduction Amount:                                 ZAR 4 508 000.00
Amount after Reduction:                           ZAR 0.00
Record Date:                                      13 March 2020
Effective and Pay Date:                           20 March 2020

The full capital reduction is due to the early redemption of the listed debt securities by the Issuer and is in line
with the terms set out in the Programme.


9 March 2020

Debt Sponsor
RAND MERCHANT BANK
(A division of FirstRand Bank Limited)
Think Precinct, 1 Merchant Place
Cnr Fredman Drive & Rivonia Road
Sandton 2196, South Africa
P O Box 786273, Sandton, 2146, South Africa

Date: 09-03-2020 05:40:00
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