Pricing Term Sheet
Filed pursuant to Rule 433
File No. 333-133956
FINAL PRICING TERMS OF THE REPUBLIC OF TURKEY 6.75% NOTES DUE MAY 30, 2040
| | | |
| ISSUER: | | The Republic of Turkey |
| | | |
| SECURITIES: | | 6.75% Notes due May 30, 2040 |
| | | |
| PRICING DATE: | | January 5, 2010 |
| | | |
| ISSUE FORMAT: | | Global (SEC Registered) |
| | | |
| EXPECTED RATINGS: | | BB- (stable)/Ba3 (positive)/ BB+ (stable) |
| | | |
| ISSUE SIZE: | | USD 2,000,000,000 |
| | | |
| PRICE TO PUBLIC: | | 98.655% |
| | | |
| TOTAL FEES: | | USD 2,000,000 (0.10%) |
| | | |
| PROCEEDS TO ISSUER: | | USD 1,971,100,000 |
| | | |
| YIELD TO MATURITY: | | 6.85% per annum |
| | | |
| SPREAD TO US TREASURY: | | 224.7 bps |
| | | |
| BENCHMARK US TREASURY: | | UST 4.375% due November 2039 |
| | | |
| INTEREST PAYMENT DATES: | | November 30th and May 30th, save that there |
| | | will be a long first coupon with the first |
| | | interest payment date being November 30, |
| | | 2010 |
| | | |
| EXPECTED LISTING: | | Luxembourg Stock Exchange |
| | | |
| CUSIP/ISIN: | | 900123BG4 / US900123BG46 |
| | | |
| LEAD-MANAGERS/BOOKRUNNERS: | | UBS Limited, J.P. Morgan Securities Inc. and |
| | | HSBC Bank plc |
| | | |
| CO-MANAGER | | T.C. Ziraat Bankasi A.S. |
| | | |
| SETTLEMENT: | | Expected January 12, 2010, through the |
| | | book-entry facilities of The Depository Trust |
| | | Company |
This communication is intended for the sole use of the person to whom it is provided by us.
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, any underwriter or any dealer participating in the offering will arrange to send you the prospectus, any prospectus supplement or free writing prospectus for this offering if you request it by calling UBS Limited at 1-800-722-9555 ext. 1088.
The prospectus link is:
http://www.sec.gov/Archives/edgar/data/869687/000095012310000383/y79757e424b5.htm
You should not reply to this announcement. Any reply email communications, including those you generate using the “Reply” function on your email software will be ignored or rejected.
Any disclaimer or other notice that may appear below is not applicable to this communication and should be disregarded. Such disclaimer or notice was automatically generated as a result of this communication being sent by Bloomberg or another email system.
-2-
