Filed pursuant to Rule 433
Registration Statement No. 333-185462
March 12, 2014
United Mexican States
Final Terms and Conditions
5.625% Global Notes due 2114
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Issuer: | | United Mexican States |
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Transaction: | | 5.625% Global Notes due 2114 (the “Notes”) |
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Issue Currency: | | Pounds Sterling (“£”), the lawful currency of the United Kingdom, as the same may be replaced from time to time, including by the euro. |
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Issue Size: | | £1,000,000,000 |
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Ratings: | | A3(stable)/BBB+(stable)/BBB+(stable) (Moody’s/Standard & Poor’s/Fitch)* |
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Maturity Date: | | March 19, 2114 |
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Pricing Date: | | March 12, 2014 |
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Settlement Date: | | March 19, 2014 (T+5) It is expected that delivery of the Notes will be made against payment therefor on the fifth day following the Pricing Date of the Notes (such settlement cycle being referred to herein as “T+5”). Trades in the secondary market generally are required to settle in three business days, unless the parties to any such trade expressly agree otherwise. Accordingly, purchasers who wish to trade Notes on the date of pricing or the next two succeeding business days will be required, by virtue of the fact that the Notes initially will settle in T+5, to specify an alternate settlement cycle at the time of any such trade to prevent a failed settlement. Purchasers of Notes who wish to trade Notes on the date of pricing or the next two succeeding business days should consult their own advisors. |
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Coupon: | | 5.625% |
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Coupon Payment Frequency: | | Annual |
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Issue price: | | 97.834% |
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Yield: | | 5.750% |
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Re-offer Spread over Benchmark: | | +223.2bps |
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Reference Benchmark: | | UKT 4.250% due December 2055 (price: 117.92 and yield: 3.438%) |
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Interest Payment Dates: | | March 19 of each year, commencing March 19, 2015 (subject to interest payment date convention disclosed in the pricing supplement) |
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Optional Redemption: | | Make Whole Call calculated using a Comparable Benchmark Rate +25 bps (at any time, from time to time prior to maturity upon giving no less than 30 days’ nor more than 60 days’ notice) |
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Gross Proceeds: | | £978,340,000 |
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Ranking: | | Senior Unsecured |
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Governing Law: | | New York law |
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Registration: | | SEC Registered |
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Denominations: | | £100,000 and integral multiples of £1,000 in excess thereof |
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Day Count: | | Act / Act |
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Underwriters Discount: | | 0.30% |
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Listing/Trading: | | Application will be made to the Luxembourg Stock Exchange - Euro MTF Market Luxembourg |
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ISIN: Common Code: | | XS1046593908 104659390 |
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Joint Bookrunners | | |
/Allocation: | | Barclays Bank PLC (£500,000,000) Goldman, Sachs & Co. (£500,000,000) |
* | Note: A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time. Each securities rating should be evaluated independent of each other securities rating. |
A prospectus supplement and prospectus of Mexico, each dated December 20, 2012, accompany this free-writing prospectus and are available from the Securities and Exchange Commission’s website athttp://www.sec.gov/Archives/edgar/data/101368/000119312513146690/d479944d424b2.htm. A preliminary pricing supplement, subject to completion on March 12, 2014, for the Notes, is available from the Securities and Exchange Commission’s website athttp://www.sec.gov/Archives/edgar/data/101368/000119312514094651/d692229d424b2.htm.
Mexico’s annual report on Form 18-K for the fiscal year ended December 31, 2012 is available from the Securities and Exchange Commission’s website athttp://www.sec.gov/Archives/edgar/data/101368/000119312513433036/d623256d18k.htm;http://www.sec.gov/Archives/edgar/data/101368/000119312513433036/d623256dex99d.htm; andhttp://www.sec.gov/Archives/edgar/data/101368/000119312513433036/d623256dex99e.htm.
An Amendment to Mexico’s annual report on Form 18-K/A for the fiscal year ended December 31, 2012, including Mexico’s recent developments section, is available from the Securities and Exchange Commission’s website at
http://www.sec.gov/Archives/edgar/data/101368/000119312514006066/d655788d18ka.htm; and
http://www.sec.gov/Archives/edgar/data/101368/000119312514006066/d655788dex1.htm;
for Amendment No. 1 filed with the Securities and Exchange Commission on January 9, 2014; and
http://www.sec.gov/Archives/edgar/data/101368/000119312514094626/d692218d18ka.htm; and
http://www.sec.gov/Archives/edgar/data/101368/000119312514094626/d692218dex1.htm;
for Amendment No. 3 filed with the Commission on March 12, 2014.
The issuer has filed a registration statement (including a prospectus) with the Securities and Exchange Commission for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the Securities and Exchange Commission for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the Web site of the Securities and Exchange Commission atwww.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling or Barclays Bank PLC at +44 20 7773 9090 or Goldman, Sachs & Co. at +212-902-1171.
ANY DISCLAIMERS OR OTHER NOTICES THAT MAY APPEAR BELOW ARE NOT APPLICABLE TO THIS COMMUNICATION AND SHOULD BE DISREGARDED. SUCH DISCLAIMERS OR OTHER NOTICES WERE AUTOMATICALLY GENERATED AS A RESULT OF THIS COMMUNICATION BEING SENT VIA BLOOMBERG OR ANOTHER EMAIL SYSTEM.