Pricing Term Sheet
Filed Pursuant to Rule 433
File No. 333-170922
FINAL PRICING TERMS OF THE REPUBLIC OF TURKEY 4.875% NOTES DUE APRIL 16, 2043
| ISSUER: | The Republic of Turkey | |
SECURITIES: | 4.875% Notes due April 16, 2043 | |
PRICING DATE: | April 9, 2013 | |
ISSUE FORMAT: | Global (SEC Registered) | |
EXPECTED RATINGS OF THE NOTES*: | Ba1 (Moody’s) (positive) / BBB- (Fitch) (stable) | |
ISSUE SIZE: | USD 1,500,000,000 | |
PRICE TO PUBLIC: | 98.834% | |
TOTAL FEES: | USD 1,200,000 (0.08%) | |
PROCEEDS TO ISSUER: | USD 1,481,310,000 | |
YIELD TO MATURITY: | 4.950% per annum | |
COUPON: | 4.875%, payable semi-annually on a 30/360-day basis | |
MATURITY DATE: | April 16, 2043 | |
SPREAD TO US TREASURY: | 200.9 bps | |
BENCHMARK US TREASURY: | 2.750% US Treasury due November 2042 | |
BENCHMARK US TREASURY YIELD: | 2.941% | |
DENOMINATIONS: | USD 200,000/USD 1,000 | |
INTEREST PAYMENT DATES: | April 16 and October 16, beginning on October 16, 2013 | |
CUSIP/ISIN: | 900123CB4 / US900123CB40 | |
EXPECTED LISTING: | Luxembourg Stock Exchange | |
LEAD-MANAGERS/BOOKRUNNERS: | Citigroup Global Markets Inc. Credit Suisse Securities (Europe) Limited J.P. Morgan Securities plc | |
SETTLEMENT: | Expected April 16, 2013through the book-entry facilities of The Depository Trust Company | |
| * | A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time. |
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 callingtoll-free Citigroup Global Markets Inc. at +1-800-831-9146, Credit Suisse Securities (Europe) Limited at +1-800-221-1037, or J.P. Morgan Securities plc. at +44-20-7777-2000.
The preliminary prospectus supplement relating to the notes is available under the following link:
http://www.sec.gov/Archives/edgar/data/869687/000119312513147237/d499981d424b5.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.
