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CITY OF EKURHULENI METROPOLITAN MUNICIPALITY - Interest and Capital Payment Notification - EMM07 and EMM07P

Release Date: 06/01/2025 17:40
Code(s): EMM07 EMM07P     PDF:  
Wrap Text
Interest and Capital Payment Notification - EMM07 and EMM07P

Ekurhuleni Metropolitan Municipality
(the "Issuer")
Bond Code: EMM07
ISIN: ZAG000145194
Bond Code: EMM07P
ISIN: ZAG000145384


INTEREST PAYMENT NOTIFICATION AND PARTIAL CAPITAL REDEMPTION

Noteholders are advised of the following interest payments:

 Bond code:                 EMM07
 ISIN:                      ZAG000145194
 Payment date:              10 January 2025
 Interest Period            10 July 2024 to 09 January 2025
 Interest amount due:       ZAR7,890,000.00

 Bond code:                 EMM07P
 ISIN:                      ZAG000145384
 Payment date:              17 January 2025
 Interest Period            17 July 2024 to 16 January 2025
 Interest amount due:       ZAR24,347,820.74

The Issuer wishes to advise the noteholders of partial capital redemptions of their EMM07 and
EMM07P notes (the "Notes"), following the semi-annual payments in terms of the Notes'
amortising schedules in accordance with the Terms and Conditions of the Ekurhuleni
Metropolitan Municipality ZAR8 billion Domestic Medium Term Note Programme.

                             Capital                     Amount Outstanding       Payment Date
                             Redemption                  After Capital
                             Amount                      Redemption
 EMM07
 (ZAG000145194)              R25,000,000.00              R125,000,000.00          10 January 2025
 EMM07P
 (ZAG000145384)              R26,666,667.00              R399,999,995.00          17 January 2025

06 January 2025

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

Date: 06-01-2025 05:40:00
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