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Interest Payment Notification Issued by Mobile Telephone Networks Holdings Limited

  • Mobile Telephone Networks Holdings Limited notifies noteholders of interest payment amounts for various notes.
  • Interest rates range from 9.742% to 10.582%, with total interest amounts reaching millions of Rands.
  • Investors can access detailed information through the Issuer's or JSE's websites for transparency and compliance.

Mobile Telephone Networks Holdings Limited (MTN Holdings) has released a notification regarding the interest amounts payable to noteholders in accordance with paragraph 4.11(b) of the JSE Debt Listings Requirements. The notification, issued on 13 February 2024, outlines the interest payment amounts for various notes held by investors.

Interest Payment Details

The notification provides detailed information on the interest payment dates, interest rates, and total interest amounts for each note. Here is a breakdown of the interest payment amounts:

Instrument CodeInterest Payment DateInterest RateTotal Interest Amount (in Rands)
MTN1304 March 202410.387%R23,306,720.55
MTN1907 March 202410.075%R10,047,397.26
MTN2007 March 202410.325%R30,890,136.99
MTN2815 March 20249.892%R7,655,594.96
MTN2915 March 202410.242%R34,422,099.29
MTN3015 March 202410.582%R14,924,968.77
MTN3113 March 20249.792%R13,182,983.01
MTN3213 March 202410.092%R26,192,472.66
MTN3313 March 202410.382%R25,469,748.16
MTN4018 March 20249.742%R6,072,068.49
MTN4118 March 20249.992%R8,719,046.58
MTN4218 March 202410.242%R10,213,939.73

Further Details

Investors are encouraged to review the Applicable Pricing Supplement related to each note for additional information. These supplements can be accessed on the Issuer’s or JSE’s websites.

Conclusion

Mobile Telephone Networks Holdings Limited remains committed to transparency and compliance with regulatory requirements. The timely notification of interest amounts payable to noteholders underscores the company’s dedication to maintaining open communication with its investors.

Picture of Lethabo Ntsoane

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

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