The first tranche of payments is scheduled for September 23, 2024. The notes in this tranche include ASC089 with an interest amount of 13.07 million ZAR at a coupon rate of 10.15%, and ASN507 with ...

A balloon payment is more expensive as it delays the payment of an asset, resulting in an increased interest cost for the consumer. In addition, it will take longer to reach break-even, which is the ...