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THE NITRO SECURITISATION 5 ISSUER TRUST - N5B23-Partial Redemption

Release Date: 15/09/2016 15:41
Code(s): N5B23     PDF:  
Wrap Text
N5B23-Partial Redemption

The Nitro Securitisation 5 Issuer Trust
(Incorporated in the Republic of South Africa)
(Master’s Reference No. IT022168/2014)
Company code: NIT
ISIN: ZAG000126848

(“Nitro 5”)

PARTIAL CAPITAL REDEMPTION

In accordance with the Terms and Conditions of the Nitro 5
R2,457,000,000 Asset Backed Note Offering Circular dated 4 June
2015, investors are herewith advised of the partial capital
redemption of the below mentioned note effective 20 September
2016.


               Capital Redemption      Amount Outstanding
               Amount                  After Capital
                                       Redemption

N5B23          R214,031,000.00         R253,195,000.00

15 September 2016

Debt Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)

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