Filed pursuant to Rule 433
Registration Statement No. 333-140947
January 8, 2008
Relating to Preliminary Prospectus Supplement
dated January 8, 2008
Final Pricing Details
Issuer: | Republic of Colombia (“Colombia”) | |
Transaction: | Re-opening of 7.375% Notes due 2017 (“2017 Notes”) Re-opening of 7 3/8% Bonds due 2037 (“2037 Bonds”) | |
Format: | SEC Registered | |
Issue currency: | U.S. dollars | |
Ratings: | Ba2/BBB-/BB+ | |
Pricing Date: | January 8, 2008 | |
Settlement Date: | January 15, 2008 | |
Denominations: | U.S. $100,000 and integral multiples of $1,000 in excess thereof | |
Day Count: | 30/360 | |
Listing: | Luxembourg Stock Exchange Euro MTF Market | |
Optional Redemption: | None | |
Bookrunners: | Credit Suisse Securities (USA) LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated. | |
Preliminary Prospectus Supplement: | http://www.sec.gov/Archives/edgar/data/917142/000119312508002808/d424b3.htm | |
2017 Notes | ||
Issue size: | U.S. $650,000,000 (brings total size to U.S.$1,650,000,000) | |
Maturity date: | January 27, 2017 | |
Coupon: | 7.375% | |
Interest Payment Dates: | January 27 and July 27, commencing January 27, 2008 | |
Pricing Benchmark: | 4.25% due Nov 15, 2017 | |
UST Spot / Yield: | 103-28+ / 3.773% | |
Spread to Benchmark: | +222 bps | |
Yield to Maturity: | 5.997% | |
Re-offer price: | 109.5%, plus accrued interest from July 27, 2007 | |
| Net Proceeds (before expenses) to Colombia: | U.S. $709,800,000 (excluding accrued interest) | |
Accrued Interest: | U.S.$22,370,833.33 | |
CUSIP/ISIN/Common Code: | 195325BJ3 / US195325BJ38 / 026291593 | |
Billing and Delivering: | Merrill Lynch, Pierce, Fenner & Smith Incorporated | |
2037 Bonds | ||
Issue size: | U.S. $350,000,000 (brings total size to U.S.$1,818,400,000) | |
Maturity date: | September 18, 2037 | |
Coupon: | 7.375% | |
Interest Payment Dates: | March 18 and September 18, commencing March 18, 2008 | |
Pricing Benchmark: | 4.75% due 2/2037 | |
UST Spot / Yield: | 107-7 / 4.312% | |
Spread to Benchmark: | +229 bps | |
Yield to Maturity: | 6.601% | |
Re-offer price: | 110.0%, plus accrued interest from September 18, 2007 | |
| Net Proceeds (before expenses) to Colombia: | U.S. $383,600,000 (excluding accrued interest) | |
Accrued Interest: | U.S. $8,389,062.50 | |
CUSIP/ISIN/Common Code: | 195325BK0 / US195325BK01 / 026779405 | |
Billing and Delivering: | Credit Suisse Securities (USA) LLC | |
The issuer has filed a registration statement (including a prospectus) with the Securities and Exchange Commission 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 Securities and Exchange Commission for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the Web site of the Securities and Exchange Commission 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 Credit Suisse Securities (USA) LLC at toll-free 1-800-221-1037 or Merrill Lynch, Pierce, Fenner & Smith Incorporated at 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.
