Filed pursuant to Rule 433
Registration Statement No. 333-181500
Relating to the Preliminary Prospectus Supplement
dated March 27, 2014
FEDERATIVE REPUBLIC OF BRAZIL - FINAL PRICING TERMS
| Issuer | Federative Republic of Brazil | |
Transaction | 2.875% Global Bonds due 2021 | |
Ratings* | Baa2/BBB-/BBB (Moody’s/S&P/Fitch) | |
Distribution | SEC Registered | |
Total Amount Issued | €1,000,000,000 | |
Total Gross Proceeds | €994,640,000 | |
Coupon | 2.875% per annum | |
Coupon Payment Frequency | Annual | |
Day count | ACT/ACT | |
Maturity | April 1, 2021 | |
Offering Price | 99.464% of the principal amount, plus accrued interest, if any, from April 3, 2014 | |
Yield to Maturity | 2.961% per annum | |
Underwriting Fee | 0.25% | |
Interest Payment Dates | April 1 of each year | |
First Interest Payment Date | April 1, 2015 | |
Optional Redemption | The global bonds will not be redeemable prior to maturity and are not entitled to the benefit of any sinking fund. | |
Pricing Date | March 27, 2014 | |
Settlement Date | April 3, 2014 (T+5) | |
ISIN/Common Code: | XS1047674947/104767494 | |
Denominations | €100,000 and integral multiples of €1,000 in excess thereof | |
Listing | Euro MTF Market Luxembourg | |
Joint Bookrunners | BB Securities Ltd. J.P. Morgan Securities PLC Banco Santander, S.A. | |
Underwriting Commitments | BB Securities Ltd.: €333,333,333.00 J.P. Morgan Securities PLC: €333,333,333.00 Banco Santander, S.A.: €333,333,334.00 |
A preliminary prospectus supplement of Brazil accompanies the free-writing prospectus and is available from the SEC’s website at:http://www.sec.gov/Archives/edgar/data/205317/000119312514117414/d693604d424b5.htm
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 SEC Web site 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 from your sales representative at BB Securities Ltd., calling +44 20 7367 5800, or at J.P. Morgan Securities PLC, calling +44 20 7134 2468, or at Banco Santander, S.A., calling + (34) 91 289 59 07.
* A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.
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