Filed pursuant to Rule 433
Registration Statement No. 333-156913
July 5, 2011
Relating to Preliminary Prospectus Supplement
dated July 5, 2011
Final Term Sheet
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Issuer: | | Republic of Colombia |
Transaction: | | 4.375% Global Bonds due 2021 |
Expected Issue Ratings*: | | Baa3/BBB-/BBB- |
Format: | | SEC Registered |
Issue and Payment Currency | | U.S. dollars |
Principal Amount: | | U.S.$2,000,000,000 |
Pricing Date: | | July 5, 2011 |
Settlement Date: | | July 12, 2011 (T+5) |
Optional Redemption: | | Make-whole at +20 bps |
Maturity Date: | | July 12, 2021 |
Interest Payment Dates: | | January 12th and July 12th of each year, commencing January 12, 2012, to the holders of record on the January 1st and July 1st preceding each payment date |
Benchmark Treasury: | | 3.125% UST due May 15, 2021 |
Benchmark Treasury Yield: | | 3.125% |
Spread to Benchmark Treasury: | | 130 bps |
Yield to Maturity: | | 4.425% |
Coupon: | | 4.375% |
Price to public: | | 99.599% plus accrued interest, if any, from July 12, 2011 |
Net Proceeds (before expenses) to Issuer: | | U.S.$1,986,980,000 plus accrued interest, if any, from July 12, 2011 |
Day Count: | | 30/360 |
Denominations: | | U.S.$200,000 and increments of U.S.$1,000 in excess thereof |
Listing and Trading: | | Application will be made to list the Global Bonds on the official list of the Luxembourg Stock Exchange and to trade on the Euro MTF Market |
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Bookrunners: | | Barclays Capital Inc. Citigroup Global Markets Inc. Merrill Lynch, Pierce, Fenner & Smith Incorporated |
Preliminary Prospectus Supplement: | | http://www.sec.gov/Archives/edgar/data/917142/000119312511181269/d424b3.htm |
Clearing: | | DTC |
CUSIP/ISIN | | 195325 BN4/US195325BN40 |
* A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.
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 Barclays Capital Inc. toll-free at 1-888-603-5847, Citigroup Global Markets Inc. toll free at 1-888-858-5407 or Merrill Lynch, Pierce, Fenner & Smith Incorporated toll-free at 1-800-294-1322.