Scrap Metal Debentures (43972)

Owner: Element22 (Pvt) Ltd.
Category: Scrap Metal
Price: R 1.00

This short form prospectus qualifies the distribution (the “Offering”) of up to R150,000,000 aggregate principal amount of 9.1% redeemable unsecured debentures (the “Debentures”) of a load of Scrap Metal for  (“Siaso Manufacturing Co-operative Society”, “SIASO”, “us” or “we”) at a price of R1 per Debenture (the “Offering Price”). The Debentures have a maturity date of 14 Days from full capital commitment.  


Scrap Supplier: SIASO Co-operators 

Scrap Buyer: South Africa

Cycle (on full funding): 14 days 

Coupon: 9.1%

Offering Price: R1

Debentures on Offer: 150,000


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