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City of Johannesburg Metropolitan Municipality - Partial Redemption of COJ02 Note

Release Date: 15/09/2014 11:30
Code(s): COJ02     PDF:  
Wrap Text
Partial Redemption of COJ02 Note

City of Johannesburg Metropolitan Municipality

“COJ02”
Dated: 15 September 2014
Stock Code: COJ02
ISIN Code: ZAG000022153

Partial Redemption of COJ02 Note

City of Joburg redeems second 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 R666,666,666.66.


Further information on the Note issued please contact:

Sponsor - The Standard Bank of South Africa Limited, acting
through its Corporate and Investment Banking Division

SBSA (Debt Sponsor)                   Zoya Sisulu (011) 721 6032

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