Filed pursuant to Rule 433
Registration Statement Nos. 333-178546 and 333-156913
January 22, 2013
Relating to Preliminary Prospectus Supplement
dated January 22, 2013
Republic of Colombia
Final Pricing Term Sheet
U.S.$ 1,000,000,000 2.625% Global Bonds due 2023
| | |
Issuer: | | Republic of Colombia |
Transaction: | | 2.625% Global Bonds due 2023 |
Expected Issue Ratings*: | | Baa3 / BBB- / BBB- |
Format: | | SEC Registered |
Issue and Payment Currency | | U.S. dollars |
Principal Amount: | | U.S.$ 1,000,000,000 |
Issuer’s Upsize Option | | The Republic reserves the right to increase the aggregate principal amount of the global bonds being offered by up to 15%, or U.S.$ 150,000,000, during Asian market hours on January 23, 2013. |
Pricing Date: | | January 22, 2013 |
Settlement Date: | | January 29, 2013 (T+5) |
Make-Whole Call: | | Prior to December 15, 2022 at a discount rate of Treasury Yield plus 12.5 basis points |
Par Call: | | On and after December 15, 2022 (three months before the maturity date) redeemable at 100% |
Maturity Date: | | March 15, 2023 |
Interest Payment Dates: | | March 15 and September 15 of each year, commencing September 15, 2013 (long first coupon), to the holders of record on March 1 and September 1 preceding each payment date |
Benchmark Treasury: | | 1.625% UST due November 15, 2022 |
Benchmark Treasury Yield: | | 1.838% |
Spread to Benchmark Treasury: | | 88 bps |
Yield to Maturity: | | 2.718% |
Coupon: | | 2.625% |
Price to public: | | 99.179%, plus accrued interest, if any, from January 29, 2013 |
Net Proceeds (before expenses) to Issuer: | | U.S.$ 991,790,000 plus accrued interest, if any, from January 29, 2013 |
Day Count: | | 30/360 |
Denominations: | | U.S.$200,000 and increments of U.S.$1,000 in excess thereof |
Listing and Trading: | | Application has been made to list the Global Bonds on the official list of the Luxembourg Stock Exchange and to trade on the Euro MTF Market. |
Bookrunners: | | Deutsche Bank Securities Inc. Goldman, Sachs & Co. |
* 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 Deutsche Bank Securities Inc. toll-free at +1 800 503 4611 or Goldman, Sachs & Co. toll-free at +1 866 471 2526.