Investors and financial market observers are closely watching as Fox Street 6 (RF) Limited as it unveils its eagerly anticipated bond payment schedule. The announcement comes as the company, incorporated with limited liability, prepares to disburse interest and nominal payments to bondholders on 21 August 2023.
The payments, revealed in an official statement from the company, are part of its commitment to meeting financial obligations and maintaining a strong presence in the market. With a registered identification number of 2016/383458/06, Fox Street 6 (RF) Limited has positioned itself as a key participant in the South African economy.
This announcement details the payments set to be made across several bond codes, including ISIN codes and respective amounts. Here is a breakdown of the payments:
| Bond Code | ISIN Code | Nominal Amount | Interest Payment | Redemption Amount |
|---|---|---|---|---|
| FS6A3 | ZAG000153131 | R 291,077,343.42 | R 6,783,840.59 | R 22,251,773.00 |
| FS6B1 | ZAG000153149 | R 150,000,000.00 | R 3,548,252.05 | Nil |
| FS6C1U | ZAG000153156 | R 50,000,000.00 | R 1,241,339.73 | Nil |
| FS6D1U | ZAG000153164 | R 35,000,000.00 | R 903,841.92 | Nil |
| FS6E1U | ZAG000153172 | R 100,000,000.00 | R 2,719,528.77 | Nil |
The payments encompass various bond codes, each with unique characteristics. Notably, bond code FS6A3 stands out with a substantial nominal amount of R 291,077,343.42 and an interest payment of R 6,783,840.59. This code also features a redemption amount of R 22,251,773.00, offering an intriguing dynamic for investors.
The Interest Period, which began on 22 May 2023, concluded on 20 August 2023, setting the stage for the forthcoming disbursements. Fox Street 6 (RF) Limited has affirmed the Interest Payment Date as 21 August 2023, signifying an important milestone for bondholders and the broader financial community.
Investors have been closely monitoring the developments surrounding these payments, seeking insight into the company’s financial health and stability. The disbursement of interest and nominal amounts serves as a testament to Fox Street 6 (RF) Limited’s commitment to its stakeholders and its dedication to maintaining transparency and accountability.
