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NITRO SECURITISATION 6 (RF) LIMITED - N6A19 - Notification of a Partial Capital Reduction of Listed Debt Securities

Release Date: 10/12/2018 17:20
Code(s): N6A19     PDF:  
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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: N6A19 ISIN: ZAG000150525 ('Nitro 6')
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, bondholders are herewith advised of the partial capital reduction of the N6A19 notes.
Bond Code: N6A19
ISIN: ZAG000150525
Effective and Pay Date: 20 December 2018
Record Date: 14 December 2018
Amount before Reduction: ZAR 197 941 000.00
Reduction Amount: ZAR 190 410 000.00
Amount after Reduction: ZAR 7 531 000.00
The partial capital reduction is due to redemption of the listed debt securities of the Issuer and is in line with the terms set out in the Offering Circular. 10 December 2018 Debt Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
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