FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Report of Foreign Issuer
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
For the month of September, 2006
Commission File Number: 001-14404
Telefónica del Perú S.A.A.
(Translation of registrant’s name into English)
Avenida Arequipa 1155
Santa Beatriz, Lima, Perú
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
Form 20-F X Form 40-F
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
Yes No X
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
Yes No X
Indicate by check mark whether by furnishing the information contained in this Form, the Registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934:
Yes No X
If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):N/A
Telefónica del Perú
TABLE OF CONTENTS
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1. | | Translation of a letter to CONASEV, dated August 29, 2006, regarding the terms and conditions of the 7th Issue of the Fourth Program of Corporate Bonds of Telefónica del Perú, according to an advertisement published on August 30, 2006. |
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2. | | Translation of an advertisement, regarding the terms and conditions of the 7th Issue of the Fourth Program of Corporate Bonds of Telefónica del Perú, published on August 30, 2006. |
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3. | | Translation of a letter to CONASEV, dated September 4, 2006, regarding the terms and conditions of the 7th Issue, Serial A of the Fourth Program of Corporate Bonds of Telefónica del Perú. |
Item 1
Lima, August 29, 2006
PUBLIC REGISTRY OF THE STOCK MARKET
NATIONAL SUPERVISORY COMMISSION
ON COMPANIES AND SECURITIES (CONASEV)
Ref. : Key Events
Dear Sirs,
According to Article 28 of the Peruvian Capital Markets Law and regarding the Rules related to Key Events, Private Information and other Communications approved by CONASEV Resolution No. 107-2002-EF/94.10, Telefónica del Perú S.A.A. informs the terms and conditions of the 7thIssue of the Fourth Program of Corporate Bonds of Telefónica del Perú, according to the advertisement that will be published tomorrow, enclosed herewith.
Best regards,
Julia María Morales Valentín
Stock Exchange Representative
Telefónica del Perú S.A.A.
Item 2

Telefónica del Perú S.A.A.
Fourth Program of Bonds of Telefónica del Peru - Seventh Issue
Up to S/. 100,000,000
Public Offering of Corporate Bonds
CONASEV Resolution No. 039-2006-EF/94.11
Telefónica del Perú S.A.A. (“Telefónica del Peru” or the “ISSUER”), corporation duly incorporated under the laws of the Republic of Perú, has agreed to issue values through corporate bonds (“Fourth Program of Bonds of Telefónica del Peru – Seventh Issue” approved by CONASEV Resolution No. 039-2006-EF/94.11) up to a total of S/. 100,000,000 within the Fourth Program of Bonds of Telefónica del Perú. The Bonds of the Fourth Program of bonds Telefónica del Perú– Seventh Issuance will be issued in one or more series.
According to its bylaws, Telefónica del Perú is dedicated to the exploitation and rendering of telecommunications services.
Terms and conditions of the Fourth Program of Bonds Telefónica del Perú –Seventh Issuance:
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Issuer: | | Telefónica del Perú S.A.A. |
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Denomination: | | Fourth Program of Corporate Bonds of Telefónica del Perú – Seventh Issuance |
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Amount of the registered issuance: | | Up to S/. 100,000,000.00 |
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Amount of the auction: | | Up to S/. 35,000,000.00, which could be increased up to the total of the registered issue. |
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Currency of issue: | | Nuevos Soles |
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Nominal Value: | | S/. 5,000.00 each |
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Serial: | | Serial A |
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Term: | | 3 years from the date of issue. |
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Allocation price: | | At par value |
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Interest rate: | | To be submitted to auction as annual nominal rate and considering a 360 day - year. The interests will be calculated on the principal amount. |
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Payment of interests: | | At the end of each semester, the computation of the first semester will be initiated in the date of the respective issuance. 1° Coupon 03/05/2007 4° Coupon 09/04/2008 2° Coupon 09/04/2007 5° Coupon 03/04/2009 3° Coupon 03/04/2008 6° Coupon 09/04/2009 |
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Performance: | | It will be the one established by the Issuer in coordination with the placing agent according to the procedure of placement described in the Complementary Prospectus. |
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Mechanism of assignment and awarding: | | Dutch Auction with the possibility of extending the amount according to the procedure of allocation describe in the Complementary Prospectus. |
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Informative prospectus: | | The Prospectus Marco and Complementary and its updatings are available for the investors and can be requested to the placing agent or the Issuer or for consultation in CONASEV. |
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Amortization: | | 100% of the principal will be paid off in the date of redemption. |
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Risk classification: | | Apoyo & Asociados Internacionales S.A.C. AAA (pe) Class & Asociados S.A AAA |
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Payments: | | Will be carried out in Nuevos Soles. |
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Place and agent of payment: | | CAVALI ICLV S.A., Pasaje Acuña 106, Lima 1. |
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Placing agent : | | Continental Bolsa S.A. SAB. |
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Period of receipt of purchase orders: | | Starting 9:00 a.m. and ending at 1:00 p.m. on Friday September 1, 2006. It is possible to present several proposals with rates tiered in 1/16. |
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Date of auction: | | Friday September 1, 2006. |
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Date of Issue: | | Monday September 4, 2006. |
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Date of Maturity: | | Friday September 4, 2009. |
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Term of liquidation: | | By 11:00 a.m. of the first working day after the auction, that is Monday September 4, 2006, through funds transfer vía BCR or direct payment in Continental Bolsa S.A.B. in the account indicated in the purchase order. |
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Place of delivery of the purchase orders: | | By facsímile or letter, – Attention Mr. Placement, Av. República de Panamá 3065, 2° piso, San Isidro, Lima. Telephones 211-1540, 211-1597 and 211-1543. Facsimiles 211-1598, 211-1593 and 211-1599. |
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Representative of the Bondholders: | | BBVA Banco Continental |
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Investors: | | Corporate and public in general. |
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Notice to awardees by facsimile: | | September 1, 2006 starting the 4:00 p.m., and ending at 7:00 p.m. |
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Important notice: | | Telefónica del Perú S.A.A. reserves the right to suspend or to terminate this offering up to the time, before starting the awarding of the values. |
For more detailed information of the offering is necessary that the investor revises the Prospectus Marco and Complementary corresponding, the same that can be remitted by e-mail or electronic mail, subject to request to the Placing agent or the Issuer, or to be consulted in CONASEV.
Telefónica del Perú S.A.A.
Issuer
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Structuring Agent | | Placing agent |
Item 3
Lima, September 4, 2006
PUBLIC REGISTRY OF THE STOCK MARKET
NATIONAL SUPERVISORY COMMISSION
ON COMPANIES AND SECURITIES (CONASEV)
Dear Sirs,
According to Article 28 of the Peruvian Capital Markets Law and regarding the Rules related to Key Events, Private Information and other Communications approved by CONASEV Resolution No. 107-2002-EF/94.10, Telefónica del Perú S.A.A. informs the result of the of 7th Issue, Serial A of the Fourth Program of Corporate Bonds of Telefónica del Perú:
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Amount | | : | | S/. 51,235,000 | | |
N° Bonds | | : | | 10,247 | | |
Date of Issue | | : | | September 4, 2006 | | |
Date of Redemption: | | : | | September 4, 2009 | | |
Nominal Interest Rate | | : | | 6.1875% | | |
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Schedule of payment : | | | | | | |
Coupon 1 | | : | | 03/05/2007 | | |
Coupon 2 | | : | | 09/04/2007 | | |
Coupon 3 | | : | | 03/04/2008 | | |
Coupon 4 | | : | | 09/04/2008 | | |
Coupon 5 | | : | | 03/04/2009 | | |
Coupon 6 | | : | | 09/04/2009 | | |
Find attached the formulary required.
Sincerely,
Julia María Morales Valentín
Stock Market Representative
Telefónica del Perú S.A.A.
Issuer: Telefónica del Perú S.A.A.
Issue: Fourth Program of Telefónica del Peru’s Bonds – 7th Issue.
Lead arranger: BBVA Banco Continental
Placing agent : Continental Bolsa SAB, S.A.
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Serial | | Interest Rate | | | Rate of Primary Allocation | | | Allocation Price (%) | | | Amount Issued | | Allocation Amount | | Allocation Date | | Date of Issuance | | Date of Maturity | | Nominal Value |
A | | 6.1875 | % | | 6.1875 | % | | 100 | % | | S/.51,235,000 | | S/.51,235,000 | | 09/01/2006 | | 09/04/2006 | | 09/04/2009 | | S/.5,000 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
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| | Telefónica del Perú |
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Date: September 6, 2006 | | By: | | /s/ María Ana Brigneti Suito |
| | Name: | | María Ana Brigneti Suito |
| | Title: | | Legal Manager of Telefónica del Perú S.A.A. |