CITY OF EKURHULENI METROPOLITAN MUNICIPALITY - Listing of new financial instrument - EMM08P EMM09P

Listing of new financial instrument - EMM08P EMM09P

CITY OF EKURHULENI METROPOLITAN MUNICIPALITY
JSE alpha code: BIEM
(“City of Ekurhuleni” or the “Company”)

LISTING OF NEW FINANCIAL INSTRUMENT

The JSE Limited has granted approval for new financial instruments listing to City of Ekurhuleni
Metropolitan Municipality with effect from 18 June 2020 under its Domestic Medium Term Note and
Commercial Paper Programme dated 23 July 2010 (updated 11 May 2020) as follows:

New Instrument                               EMM08P

Authorised programme size                    R8,000,000,000
Total amount in issue after this issuance    R5,516,833,332.00
Instrument type                              Instalment note (Amortizing)
Bond Code                                    EMM08P
Nominal Issued                               R750,000,000
Issue Price                                  100%
Coupon                                       10.682%
Trade Type                                   Price
Final Maturity Date                          18 June 2030
Books Close Dates                            8 June, 8 December
Interest Payment Dates                       18 June, 18 December
Last Day to Register                         By 17:00 on 7 June, 7 December
Issue Date                                   18 June 2020
Date Convention                              Modified Following
Interest Commencement Date                   18 June 2020
First Interest Payment Date                  18 December 2020
ISIN                                         ZAG000168816
Additional Information                       Senior, Unsecured

New Instrument                               EMM09P

Authorised programme size                    R8,000,000,000
Total amount in issue after this issuance    R6,416,833,332.00
Instrument type                              Instalment note (Amortizing)
Bond Code                                    EMM09P
Nominal Issued                               R900,000,000
Issue Price                                  100%
Coupon                                       11.796%
Trade Type                                   Price
Final Maturity Date                          18 June 2032
Books Close Dates                            8 June, 8 December
Interest Payment Dates                       18 June, 18 December
Last Day to Register                         By 17:00 on 7 June, 7 December
Issue Date                                   18 June 2020
Date Convention                              Modified Following
Interest Commencement Date                   18 June 2020
First Interest Payment Date                  18 December 2020
ISIN                                         ZAG000168824
Additional Information                       Senior Unsecured, Unsubordinated

The Applicable Pricing Supplements are available at: https://www.ekurhuleni.gov.za/about-the-
city/budget/long-term-borrowing-contracts.html.

The notes relating to the new financial instruments will be dematerialised in the Central Securities
Depository and settlement will take place electronically in terms of JSE Rules.

17 June 2020

Debt Sponsor
Nedbank Corporate and Investment Banking

Date: 17-06-2020 12:17:00
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