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City of Johannesburg Metropolitan Municipality - Partial Redemption of COJ02 Note

Release Date: 14/03/2014 12:03
Code(s): COJ02     PDF:  
Wrap Text
Partial Redemption of COJ02 Note

City of Johannesburg Metropolitan Municipality

“COJ02”
Dated: 14 March 2014
Stock Code: COJ02
ISIN Code: ZAG000022153

Partial Redemption of COJ02 Note

City of Joburg redeems first tranche of the COJ02 with a nominal
amount of R166,666,666.67. The COJ02 bond is 40% guaranteed by
both the IFC and The DBSA with 6 semi-annual redemptions
starting on the 15th March 2014 until the final redemption on
the 15 September 2016. The outstanding balance for COJ02 is
then R833,333,333.33.


Further information on the Note issued please contact:
Sponsor - The Standard Bank of South Africa Limited, acting
through its Corporate and Investment Banking Division

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