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CITY OF TSHWANE METROPOLITAN MUNICIPALITY - CTMM - The City of Tshwane Metropolitan Municipality Investor Engagements

Release Date: 23/09/2020 17:30
Code(s): COT03 COT02 COT01     PDF:  
Wrap Text
CTMM - The City of Tshwane Metropolitan Municipality Investor Engagements

THE CITY OF TSHWANE METROPOLITAN MUNICIPALITY
(A municipality as described in section 2 of the Local Government Municipal Systems Act, 2000, duly
established in terms of Notice No. 6770, promulgated in the Provincial Gazette Extraordinary of
1 October 2000 in terms of section 12(1) read with section 14(2) of the Local Government: Municipal
Structures Act, 1998, as amended)
(Issuer code: CTMM)
(“City of Tshwane” or “City”)

Update: The City of Tshwane Metropolitan Municipality Domestic Medium-Term Note
Programme - Investor Update

On 15 April 2020, the City of Tshwane provided an update on investor engagements regarding the City
being placed under administration. The City of Tshwane made available a few documents for investors
to view, including cash flow projections. The City would like to clarify that the forecast financial
information has not been reviewed and reported on by the City of Tshwane’s auditors.

For further information, please reach out to the Tshwane Metropolitan Municipality:

Mmaseabata Mutlaneng:           Acting City Manager

Umar Banda:                     Chief Financial Officer

Tel: 012 358 8101
Email: umarb@tshwane.gov.za

Johannesburg
23 September 2020

Debt Sponsor
Absa Bank Limited (acting through its Corporate and Investment Bank division)

Date: 23-09-2020 05:30:00
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