Filed pursuant to Rule 433
Registration Statement No. 333-136846
September 6, 2006
Relating to Preliminary Prospectus Supplement
dated September 6, 2006
Final Pricing Details
| APPROVED FOR EXTERNAL USE | ||
Issuer: | The Republic of Colombia | |
Title | 7 3/8% Bonds due 2037 | |
Ratings: | Ba2/BB/BB | |
Format: | SEC Registered | |
Size: | U.S.$1,000,000,000 | |
Trade Date: | September 6, 2006 | |
Settlement Date: | September 19, 2006 | |
Maturity: | September 18, 2037 | |
Callable: | No | |
Interest Payment Dates: | March 18 and September 18, beginning March 18, 2007 | |
First Payment Date: | March 18, 2007 | |
Pricing Benchmark: | 4½% UST due February 2036 | |
UST Spot (PX/Yield): | 93-00+/4.953% | |
Spread: | T+250bps | |
Yield to Maturity: | 7.453% | |
Coupon: | 7 3/8% | |
Price: | 99.062% | |
Net Proceeds (before expenses) to the Republic of Colombia: | U.S.$985,620,000 | |
Day Count: | 30/360 | |
Minimum Denomination: | U.S.$100,000 and increments of U.S.$1,000 in excess thereof | |
Listing: | Luxembourg Euro MTF | |
Bookrunners: | Goldman, Sachs & Co., and Merrill Lynch & Co. | |
Billing and Delivering: | Merrill Lynch &. Co. | |
Cusip# / ISIN#: | 195325 BK 0 / US195325BK01 | |
Use of Proceeds: | Raise new cash for pre-financing the Republic’s 2007 funding needs and to finance the purchase for cash of its 11.75% Global Bonds due 2020, 8.375% Bonds due 2027 and 10.375% Global Bonds due 2033 up to an aggregate amount that will not exceed (i) an aggregate principal amount of U.S.$500 million and (ii) an Aggregate Purchase Price of U.S.$700 million. | |
Preliminary Prospectus Supplement: | www.sec.gov/Archives/edgar/data/917142/000119312506185607/d424b3.htm | |
Legend: | 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 if you request it by calling toll-free 1-866 500 5408. | |
| ANY DISCLAIMERS OR OTHER NOTICES THAT MAY APPEAR BELOW ARE NOT APPLICABLE TO THIS COMMUNICATION AND SHOULD BE DISREGARDED. SUCH DISCLAIMERS OR OTHER NOTICES WERE AUTOMATICALLY GENERATED AS A RESULT OF THIS COMMUNICATION BEING SENT VIA BLOOMBERG OR ANOTHER EMAIL SYSTEM. | ||
