Filed pursuant to Rule 433
Registration StatementNo. 333-209421
March 17, 2017
Term Sheet
United Mexican States
Final Terms and Conditions
4.150% Notes due 2027
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Issuer: | | United Mexican States |
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Transaction: | | 4.150% Notes due 2027 (the “Notes”) |
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Issue Currency: | | U.S. Dollars |
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Issue Size: | | U.S. $3,150,415,000.00 |
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Ratings: | | A3(negative)/BBB+(negative)/BBB+(negative) (Moody’s/Standard & Poor’s/Fitch)* |
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Maturity Date: | | March 28, 2027 |
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Pricing Date: | | March 16, 2017 |
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Settlement Date: | | March 28, 2017 (T+8) |
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Coupon: | | 4.150% |
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Coupon Payment Frequency: | | Semiannual |
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Issue Price: | | 99.676%, plus accrued interest, if any, from March 28, 2017 |
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Yield: | | 4.190% |
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Re-offer Spread over Benchmark: | | 165 bps |
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Reference Benchmark: | | UST 2.250% due February 15, 2027 |
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Reference Benchmark Price and Yield: | | 97-15+; 2.540% |
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Interest Payment Dates: | | March 28 and September 28 of each year, commencing September 28, 2017 (subject to interest payment date convention disclosed in the prospectus supplement) |
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Optional Redemption: | | Make-Whole Call calculated at Treasuries +25 bps (at any time or 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: | | U.S. $3,140,207,655.40 |
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Ranking: | | Senior Unsecured |
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Governing Law: | | State of New York |
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Registration: | | SEC Registered |
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Authorized Denominations: | | U.S. $200,000 and integral multiples of U.S. $1,000 in excess thereof |
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Day Count: | | 30/360 |
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Underwriting Discount: | | 0.17% |
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Listing/Trading: | | Application will be made to the Luxembourg Stock Exchange—Euro MTF Market Luxembourg |
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ISIN: | | US91087BAC46 |
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CUSIP | | 91087B AC4 |
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Joint Book- Running Managers /Allocation: | | Barclays Capital Inc. Deutsche Bank Securities Inc. J.P. Morgan Securities LLC | | (33.33%) (33.33%) (33.34%) |
*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 dated February 8, 2016, accompanies this free writing prospectus and is available from the Securities and Exchange Commission’s website athttp://www.sec.gov/Archives/edgar/data/101368/000119312516453142/d113915dsb.htm. A preliminary prospectus supplement, subject to completion, dated March 16, 2017, for the Notes, is available from the Securities and Exchange Commission’s website athttp://www.sec.gov/Archives/edgar/data/101368/000119312517084456/d323517d424b2.htm.
Mexico’s annual report on Form18-K for the fiscal year ended December 31, 2015 is available from the SEC’s website at:http://www.sec.gov/Archives/edgar/data/101368/000119312516743751/d272307dex99d.htm.
The issuer has filed a registration statement (including the prospectus) with the Securities and Exchange Commission for the offering to which this communication relates. Before you invest, you should read the prospectus in the 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 Barclays Capital Inc. toll-free at+1-800-438-3242, Deutsche Bank Securities Inc. toll-free at+1-866-627-0391 or J.P. Morgan Securities LLC, toll-free at+1-866-846-2874.
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.