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CITY OF EKURHULENI METROPOLITAN MUNICIPALITY - EMM05 - Interest Payment Notification and Partial Capital Redemption

Release Date: 09/04/2025 16:45
Code(s): EMM05     PDF:  
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EMM05 - Interest Payment Notification and Partial Capital Redemption

Ekurhuleni Metropolitan Municipality
Bond Code: EMM05
ISIN: ZAG000115148

INTEREST PAYMENT NOTIFICATION AND PARTIAL CAPITAL REDEMPTION

Bondholders are advised of the following interest payments:

 Bond code:                        EMM05
 ISIN:                             ZAG000115148
 Coupon:                           10.67%
 Interest period:                  Semi - Annual
 Payment date:                     17 April 2025
 Interest amount due:              ZAR 12,563,925.01


The Ekurhuleni Metropolitan Municipality (the 'Issuer") wishes to advise noteholders of a partial
capital redemption of its EMM05 note (the "Note"), following the semi-annual payment in terms of
the Note's amortising schedule in accordance with the Terms and Conditions of the Ekurhuleni
Metropolitan Municipality ZAR8 billion Domestic Medium Term Note Programme, effective
17 April 2025.


                             Capital Redemption                    Amount Outstanding After
                                   Amount                            Capital Redemption

   EMM05–
                               R26,166,666.66                           R209,333,333.47
 ZAG000115148


9 April 2025

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

Date: 09-04-2025 04:45:00
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