Woolworths Holdings Announces Interest Payment for Listed Notes: Investors Set to Reap Rewards

  • Woolworths Holdings Limited announces interest payment for Senior Unsecured Floating Rate Notes.
  • Interest period from 3 April 2023 to 2 July 2023 with an interest rate of 9.498%.
  • Investors to receive ZAR 10,963,814.63 on 3 July 2023, following the Business Day Convention.
Woolworths Notes

Woolworths Holdings Limited (WHL), a leading retail company, has made an important announcement regarding an upcoming interest payment for its Senior Unsecured Floating Rate Notes under the Domestic Medium Term Note Programme (DMTN Programme). Investors and stakeholders are eagerly awaiting the payment, which signifies WHL’s commitment to meeting its financial obligations.

The announcement, made on 21 June 2023, provides detailed information about the interest payment for the WHL03 instrument with the ISIN ZAG000154477. The interest period covers 3 April 2023 to 2 July 2023, with an interest rate of 9.498%.

Investors holding these notes will be pleased to learn that the interest amount due for this period is a substantial ZAR 10,963,814.63. The payment is scheduled to be disbursed on 3 July 2023, following the specified Business Day Convention of the Following Business Day.

Woolworths Holdings Limited, known for its wide range of retail brands, has established a strong presence in South Africa’s competitive market. The company caters to diverse customer segments, offering an array of fashion, beauty, home, and food products. With its reputable brand and track record, WHL has gained the trust and loyalty of customers over the years.

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