ETHEKWINI METROPOLITAN MUNICIPALITY - eThekwini - Interest and Capital Payment Notifications

eThekwini - Interest and Capital Payment Notifications

 ETHEKWINI METROPOLITAN MUNICIPALITY
 JSE Bond Issuer Code: TMMI
 (“eThekwini” or the “Municipality”)

 INTEREST AND CAPITAL PAYMENT NOTIFICATIONS

 Noteholders of the eThekwini ETK001 and ETK002 notes are advised of the following interest and capital
 redemption payments:

 Interest Payments

 Bond code:                            ETK001
 ISIN:                                 ZAG000186420
 Coupon:                               10.91%
 Interest period:                      3 December 2023 to 2 June 2022
 Interest amount due:                  R25,840,260.27
 Payment date:                         Monday, 5 June 2023
 Date convention:                      Following business day

 Bond code:                            ETK002
 ISIN:                                 ZAG000186412
 Coupon:                               12.22%
 Interest period:                      3 December 2023 to 2 June 2022
 Interest amount due:                  R29,450,757.99
 Payment date:                         5 June 2023
 Date convention:                      Following business day

Partial Capital Redemptions effective 2 June 2023

                Capital Redemption Amount                Amount outstanding following partial capital
                                                         redemption
  ETK001        R25,000,000.00                           R450,000,000.00
  ETK002        R16,666,666.66                           R466,666,666.68

 29 May 2023

 Debt Sponsor
 Absa Corporate and Investment Bank, a division of Absa Bank Limited

Date: 29-05-2023 04:01:00
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