Filed Pursuant to Rule 433
Registration No. 333-196690
October 30, 2014
Relating to Preliminary Prospectus Supplement
Dated October 30, 2014
to Prospectus
Dated July 22, 2014
Issuer Free Writing Prospectus
Republic of Peru’s U.S$ 500,000,000 5.625% U.S. Dollar-Denominated Global Bonds due 2050
Final terms and conditions as of October 30, 2014
Issuer | Republic of Peru | |
Issue Type | SEC Global Registered | |
Joint Lead Managers and Joint Bookrunners | BBVA Securities Inc. Merrill, Lynch, Pierce, Fenner & Smith Incorporated Morgan Stanley & Co. LLC | |
Issue Amount | U.S$ 500,000,000.00 The bonds will be a further issuance of, and will be consolidated and form a single series with, Peru’s outstanding 5.625% U.S. Dollar-Denominated Global Bonds due 2050 issued in an aggregate principal amount of U.S.$1,000,000,000 on November 18, 2010, and a subsequent issue by way of a reopening of U.S.$500,000,000 issued on February 1, 2012. | |
Issue Price | 112.208%, plus accrued interest from May 18, 2014 | |
Settlement Date | November 7, 2014 (T+6) | |
Denominations | U.S.$1,000 x U.S.$1,000 | |
Maturity | November 18, 2050 | |
Coupon | 5.625% per year | |
Interest Payment Dates | May 18 and November 18 of each year, beginning on November 18, 2014 | |
Benchmark Instrument | 3.375% U.S. Treasury due May 15, 2044 | |
Offer Spread | 185 bps | |
Yield to Maturity | 4.900% | |
Gross Proceeds to Issuer | U.S.$574,243,125 (including accrued interest of U.S.$ 13,203,125) | |
Interest Rate Basis | 30/360 | |
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Governing Law | New York | |
Clearing | DTC / Euroclear / Clearstream | |
ISIN | US 715638BM30 | |
CUSIP | 715638BM3 | |
Listing and Trading | Application will be made to admit the bonds for listing on the Official List of the Luxembourg Stock Exchange and for trading on the Euro MTF Market. | |
Through and including December 9th, 2014 (the 40th day after the date of the prospectus supplement), all dealers effecting transactions in these securities, whether or not participating in this offering, may be required to deliver a prospectus and prospectus supplement. This is in addition to a dealer’s obligation to deliver a prospectus and prospectus supplement when acting as an underwriter and with respect to an unsold allotment or subscription.
The following additional information of the Republic of Peru and regarding the securities is available from the Securities and Exchange Commission’s (“SEC”) website and also accompanies this free-writing prospectus:
Preliminary Prospectus Supplement Dated October 30, 2014 to Prospectus Dated July 22, 2014
http://www.sec.gov/Archives/edgar/data/77694/000119312514389769/d813311d424b2.htm
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:
BBVA Securities Inc.: +212-728-2446
Merrill Lynch, Pierce, Fenner & Smith Incorporated: +1-800-294-1322
Morgan Stanley & Co. LLC: +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.
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