NITRO PROGRAMME (RF) LIMITED - NTPI - Notification of a Partial Capital Reduction of Listed Debt Securities and Interest Payments

NTPI - Notification of a Partial Capital Reduction of Listed Debt Securities and Interest Payments

Nitro Programme (RF) Limited
(Incorporated in the Republic of South Africa)
(Registration No. 2018/453364/06)
Company code: NTPI
LEI: 3789009AE068A5525397
Bond Code: N7B25        ISIN: ZAG000159039
Bond Code: N7C25        ISIN: ZAG000159047
Bond Code: N7D25        ISIN: ZAG000159054
Bond Code: N7E25        ISIN: ZAG000159062
(“Nitro Programme” or the “Issuer”)


NOTIFICATION OF A PARTIAL CAPITAL REDUCTION OF LISTED DEBT SECURITIES AND INTEREST
PAYMENTS

NOTIFICATION OF A PARTIAL CAPITAL REDUCTION OF LISTED DEBT SECURITIES

In accordance with the Terms and Conditions of Nitro Programme’s ZAR 6 000 000 000.00 Asset
Backed Securities Programme dated 25 April 2019 (the “Programme”), noteholders are herewith
advised of the partial capital reduction of the N7B25 notes.

Bond Code:                      N7B25
ISIN:                           ZAG000159039
Amount before Reduction:        ZAR 452 519 000.00
Reduction Amount:               ZAR 105 447 000.00
Amount after Reduction:         ZAR 347 072 000.00
Record Date:                    17 December 2021
Effective and Pay Date:         20 December 2021

The partial capital reduction is due to the early redemption of the listed debt securities by the Issuer
and is in line with the terms and conditions set out in the Programme.

INTEREST PAYMENT NOTIFICATIONS

Noteholders are advised of the following interest payments due 20 December 2021:

Bond code:                      N7B25
ISIN:                           ZAG000159039
Coupon:                         5.005%
Interest amount due:            ZAR 5 646 631.26

Bond code:                      N7C25
ISIN:                           ZAG000159047
Coupon:                         6.475%
Interest amount due:            ZAR 1 614 315.07

Bond code:                      N7D25
ISIN:                           ZAG000159054
Coupon:                         7.725%
Interest amount due:            ZAR 1 540 767.12

Bond code:                      N7E25
ISIN:                           ZAG000159062
Coupon:                         8.875%
Interest amount due:            ZAR 1 327 602.74

Interest period:                20 September 2021 to 19 December 2021
Payment date:                   20 December 2021
Date Convention:                Modified Following Business Day



10 December 2021

Debt Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 10-12-2021 09:12:00
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