Filed Pursuant to Rule 433
Registration No. 333-164617
November 10, 2010
Relating to Preliminary Prospectus Supplement
Dated November 10, 2010
to Prospectus
Dated April 9, 2010
Issuer Free Writing Prospectus
Republic of Peru’s US$1,000,000,000 5.625% U.S. Dollar-Denominated Global Bonds due 2050
Final terms and conditions as of November 10, 2010
| Issuer
| Republic of Peru
| |
| Rating
| Baa3 (Moody’s) / BBB- (S&P) / BBB- (Fitch)
| |
| Issue Type
| SEC Global Registered
| |
| Joint Bookrunners / Lead Managers
| Merrill Lynch, Pierce, Fenner & Smith Incorporated Morgan Stanley & Co. Incorporated
| |
| Co-Manager
| Scotia Capital (USA) Inc.
| |
| Issue Amount
| US$ 1,000,000,000
| |
| Issue Price
| 96.164%, plus accrued interest from November 18, 2010, if any
| |
| Settlement Date
| November 18, 2010 (T+5)
| |
| Denominations
| US$ 1,000 x 1,000
| |
| Maturity
| November 18, 2050
| |
| Interest Rate
| 5.625% per year
| |
| Interest Payment Dates
| May 18 and November 18 of each year, beginning on May 18, 2011
| |
| Benchmark Instrument
| UST 4.375% due May 15, 2040
| |
| Offer Spread
| +160.3 bps
| |
| Yield to Maturity
| 5.875%
| |
| Gross Proceeds to Issuer
| US$ 961,640,000
| |
| Underwriting Fees
| 15 bps
| |
| Interest Rate Basis
| 30/360
| |
| Governing Law
| New York
| |
| Clearing
| DTC / Euroclear / Clearstream
| |
| ISIN
| US715638BM30
| |
| CUSIP
| 715638 BM3
| |
| 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:
Merrill Lynch, Pierce, Fenner & Smith Incorporated: +1-800-294-1322
Morgan Stanley & Co. Incorporated: +1-866-846-2874
