Filed Pursuant to Rule 433
Registration No. 333-156085
July 6, 2009
Relating to Preliminary Prospectus Supplement
Dated July 6, 2009
to Prospectus
Dated March 25, 2009
Issuer Free Writing Prospectus
Republic of Peru’s US$1,000,000,000 7.35% U.S. Dollar-Denominated Global Bonds due 2025 (the “Reopening Global Bonds”)
Final terms and conditions as of July 6, 2009
Issuer
| Republic of Peru | |
Ratings
| Ba1/BBB-/BBB- (all stable) | |
Issue Type
| SEC Global Registered | |
Joint Bookrunners
| UBS Securities LLC, J.P. Morgan Securities Inc. | |
Reopening Principal Amount | US$1,000,000,000 (to become immediately fungible upon the settlement date with Peru’s outstanding 7.35% Global Bonds due 2025 originally issued on July 19, 2005 in the original aggregate principal amount of US$750,000,000 and the outstanding 7.35% Global Bonds due 2025 originally issued on December 15, 2005 in the original aggregate principal of $500,000,000) | |
Reopening Issue Price | 103.827%, plus accrued and unpaid interest totaling US$34,300,000, or US$34.30 per US$1,000 principal amount of the Reopening Global Bonds, from (and including) January 21, 2009 to (but excluding) July 9, 2009, the date Peru expects to deliver the Reopening Global Bonds, and any additional interest from July 9, 2009. Purchasers of the Reopening Global Bonds will be entitled to receive the full amount of the next semi-annual regular interest payment on July 21, 2009. | |
Settlement Date
| July 9, 2009 (T+3) | |
Denominations
| US$100,000 and integral multiples of US$1,000 in excess thereof | |
Maturity
| July 21, 2025 | |
Interest Rate
| 7.35% per year | |
Interest Payment Dates
| January and July 21 of each year | |
Benchmark Instrument
| UST 3.125% due February 2019 | |
Offer Spread
| +343.6bps | |
Yield to Maturity
| 6.95% | |
Gross Proceeds to Issuer | US$1,072,570,000 | |
Underwriting Fee
| US$2,000,000 | |
Interest Rate Basis
| US (NASD) 30/360 | |
Clearing Reference Codes
| CUSIP: 715638AS1 / ISIN: US715638AS19 / Common Code: 022518259 | |
Governing Law
| New York | |
Clearing
| DTC / Euroclear / Clearstream | |
Listing and Trading
| Application has been made to admit the bonds for listing on the Official List of the Luxembourg Stock Exchange and for trading on the Euro MTF Market. | |
The issuer has filed a registration statement (including a prospectus) with the Securities and Exchange Commission (“SEC”) for the offering to which this communication relates. Before you invest, you should read the prospectus supplement and related 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 at www.sec.gov. Alternatively, the issuer or any underwriter participating in the offering will arrange to send you the prospectus if you request it by calling:
UBS Securities LLC.: +1-877-827-6444 (extension 561-3884)
J.P. Morgan Securities Inc.: +1-866-846-2874
Any disclaimer or other notice that may appear below is not applicable to this communication and should be disregarded. Such disclaimer or other notice was automatically generated as a result of this communication being sent via Bloomberg or another email system.
