Premium Properties Limited, a leading real estate company listed on the Johannesburg Stock Exchange (JSE) with the alpha code BIPPL, has issued an interest payment notification to bondholders regarding its PMM57 bonds. The company aims to ensure the timely payment of interest to maintain its reputation and investor confidence.
Premium Properties Limited has provided essential details about the upcoming interest payment. The PMM57 bond code has been assigned the International Securities Identification Number (ISIN) ZAG000180522, and the interest period spans from 10th April 2023 to 10th July 2023. Bondholders can expect a coupon rate of 10.008% on their investments.
The company has announced an interest amount of R1,233,863.01, which is due for payment on 10th July 2023. Premium Properties Limited follows the modified following business day date convention for all its transactions.