Filed pursuant to Rule 433
Dated July 7, 2011
Registration No. 333-174368
Dated July 7, 2011
Registration No. 333-174368
TERM SHEET
Corporación Andina de Fomento
Corporación Andina de Fomento
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U.S.$500,000,000 Reopening of 3.750% Notes due 2016
Issuer: | Corporación Andina de Fomento | |
Ratings(1): | A1 (Stable) / A+ (Positive) / A+ (Stable); Moody’s / S&P / Fitch | |
Series: | The global bonds will be a further issuance of, and will be consolidated to form a single series with, the U.S.$600,000,000 aggregate principal amount of CAF’s outstanding 3.750% Notes due 2016, issued on July 14, 2010 | |
Security Status: | Senior unsecured notes; not secured by any property or assets; notes rank equally with all other unsecured and unsubordinated indebtedness | |
Transaction Type: | SEC Registered; Reopening | |
Currency: | U.S. Dollars | |
Total Principal Amount: | U.S.$500,000,000 (brings total principal amount of series to U.S.$1,100,000,000) | |
Offering Price: | 100.858% | |
Gross Proceeds: | U.S.$504,290,000 | |
Trade Date: | July 7, 2011 | |
Settlement: | July 15, 2011 (T+6) | |
Maturity: | January 15, 2016 | |
Coupon: | 3.750% | |
Benchmark Instrument: | UST 1.50% due 6/30/2016 | |
Benchmark Treasury Yield: | 1.742% | |
Spread to Benchmark Treasury: | 180.0 bps | |
Yield to Maturity: | 3.542% | |
Interest Rate Payment Frequency: | Semiannual | |
Interest Payment Dates: | January 15 and July 15 with first interest payment date on January 15, 2012 | |
Interest Rate Basis: | 30 / 360 | |
Redemption Provisions: | Notes may not be redeemed prior to January 15, 2016 | |
Sinking Fund Provisions: | No sinking fund provisions | |
Form: | Global note held by depositary or the depositary’s custodian | |
Denominations: | Denominations of $1,000 and integral multiples of $1,000 in excess thereof | |
Clearing: | DTC / Euroclear / Clearstream | |
Bookrunners: | Credit Suisse Securities and Goldman, Sachs & Co. | |
Names and Addresses of Representatives: | Credit Suisse Securities (USA) LLC Eleven Madison Avenue New York, New York 10010-3629 Goldman, Sachs & Co. 200 West Street New York, New York 10282 | |
Governing Law: | New York | |
SEC Registered Global: | ISIN: US219868BP07 CUSIP: 219868BP0 |
(1) | These securities ratings have been provided by Moody’s, S&P and Fitch Ratings. These ratings are not a recommendation to buy, sell or hold these securities. Each rating may be subject to revision or withdrawal at any time, and should be evaluated independently of any other rating. |
This communication is intended for the sole use of the person to whom it is provided by the issuer.
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’s web site at www.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 collect at 212-325-2580 or Goldman, Sachs & Co. at 866-471-2526.
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 E-MAIL SYSTEM.
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