Redink Rentals (RF) Limited Set to Reward Noteholders with Interest Payment

Published by
Lethabo Ntsoane
  • Redink Rentals (RF) Limited announces interest payment notification for RED501 note holders.
  • Interest payment due on 5 June 2023, with a coupon rate of 12.467%.
  • Note holders to receive ZAR 310,918.38 for the interest period from 6 March 2023 to 5 June 2023.

Redink Rentals (RF) Limited recently issued an important interest payment notification to the holders of its RED501 notes. The announcement, made on 31 May 2023, provides crucial details regarding the upcoming interest payment scheduled for 5 June 2023.

According to the notification, note holders can expect an interest payment of ZAR 310,918.38 for the interest period spanning from 6 March 2023 to 5 June 2023. The coupon rate for this payment is set at an attractive 12.467%. However, note holders have been informed that the interest to be paid will be ZAR 0.00.

Redink Rentals (RF) Limited has maintained a reputation for timely interest payments and transparent communication with its stakeholders. The company’s commitment to meeting its financial obligations has earned it a position of trust among its investors.

The payment is scheduled to be made on 5 June 2023, adhering to the following business day convention. Noteholders are advised to monitor any updates or notifications from Redink Rentals (RF) Limited for potential changes or further information.

To address any queries or obtain additional information about the issued notes, note holders have been urged to contact Charlize Wiederkehr at Redinc Capital. She can be reached at (010) 822 7993.

Redink Rentals (RF) Limited operates as a major provider of real estate rental services, catering to both residential and commercial tenants. The company offers a diverse portfolio of properties designed to meet the varied needs of its clientele.

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Lethabo Ntsoane

Lethabo Ntsoane holds a Bachelors Degree in Accounting from the University of South Africa. He is a Financial Product commentator at Rateweb. He is an expect financial product analyst with years of experience in reviewing products and offering commentary. Lethabo majors in financial news, reviews and financial tips. He can be contacted: Email: lethabo@rateweb.co.za Twitter: @NtsoaneLethabo