Filed Pursuant to Rule 433
Registration No. 333-205769
FINAL TERM SHEET
U.S.$743,238,000 8.000% Amortizing Notes due 2039
August 11, 2016
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Issuer: | | Government of Jamaica |
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Format: | | SEC Registered (333-205769) and Regulation S |
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Currency: | | U.S. Dollars |
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Principal Amount: | | U.S.$743,238,000 The notes are a further issuance of the 8.000% Amortizing Notes due 2039 and will be consolidated with and will form a single series with the U.S. $500,000,000 principal amount of the notes that were previously issued on March 8, 2007 and October 11, 2007. Upon completion of this offering, the aggregate principal amount of notes outstanding will be U.S.$1,243,238,000. |
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Final Maturity: | | March 15, 2039 |
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Principal Payment Dates: | | Principal payments will be made in three installments, 33.33% due on March 15, 2037, 33.33% due on March 15, 2038 and 33.44% due on March 15, 2039. |
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Optional Redemption: | | None |
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Coupon Rate: | | 8.000% |
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Interest Basis: | | Payable semi-annually in arrears |
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Day Count: | | 30/360 |
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Interest Payment Dates: | | March 15 and September 15, commencing on September 15, 2016 |
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Issue Price: | | 114.082%, plus accrued interest, from March 15, 2016 to, but excluding, the Settlement Date, in the amount of U.S.$25,270,092 (assuming a Settlement Date of August 18, 2016). |
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Net Proceeds (before expenses): | | U.S.$846,414,299.16 (excluding accrued interest) |
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Benchmark Treasury: | | UST 2.500% due February 15, 2046 |
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Yield: | | 6.750% |
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Pricing Date: | | August 11, 2015 |
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Settlement Date: | | August 18, 2015 (T+5) |
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Clearing: | | DTC, Euroclear, & Clearstream |
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Governing Law: | | State of New York |
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Listing: | | Application has been made to list the notes on the Luxembourg Euro MTF |
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Denominations: | | U.S.$100,000 and integral multiples of U.S.$1,000 in excess thereof |
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Joint Lead Managers: | | Citigroup Global Markets Inc. Merrill Lynch, Pierce, Fenner & Smith Incorporated Incorporated |
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Security Identifiers: | | CUSIP: 470160 AV4 ISIN: US470160AV46 |
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Preliminary Prospectus Supplement: | | https://www.sec.gov/Archives/edgar/data/53078/000119312516677648/d169266d424b3.htm |
The Issuer has filed a registration statement (including a prospectus) with the SEC 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 SEC 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 or the Underwriters will arrange to send you the prospectus if you request it by calling CITIGROUP GLOBAL MARKETS INC. toll free at 1-800-831-9146 or MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED toll free at 1-800-294-1322.
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.