Filed Pursuant to Rule 433
Dated June 7, 2012
Registration No. 333-180499
TERM SHEET
Corporación Andina de Fomento
US$600,000,000 of 4.375% Notes due 2022
Issuer: | Corporación Andina de Fomento | |
Ratings(1): | Moody’s: A1 (Stable) / S&P: A+ (Positive) / Fitch: A+ (Stable) | |
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 | |
Currency: | U.S. Dollars | |
Total Principal Amount: | U.S.$600,000,000 | |
Offering Price: | 99.225% | |
Gross Proceeds: | U.S.$595,350,000 | |
Trade Date: | June 7, 2012 | |
Settlement: | June 15, 2012 (T+6) | |
Maturity: | June 15, 2022 | |
Coupon: | 4.375% | |
Benchmark Instrument: | UST 1.750% due May 2022 | |
Benchmark Instrument Yield: | 1.647% | |
Spread to Benchmark Instrument: | 282.5 bps | |
Yield to Maturity: | 4.472% | |
Interest Rate Payment Frequency: | Semiannual | |
Interest Payment Dates: | June 15 and December 15 with first interest payment date on December 15, 2012 | |
Interest Rate Basis: | 30 / 360 | |
Redemption Provisions: | Notes may not be redeemed prior to June 15, 2022 | |
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 | |
Joint Bookrunners: | Deutsche Bank Securities Inc. Goldman, Sachs & Co. HSBC Securities (USA) Inc. | |
Names and Addresses of Representatives: | Deutsche Bank Securities Inc. 60 Wall Street New York, NY 10005
Goldman, Sachs & Co. 200 West Street New York, NY 10282
HSBC Securities (USA) Inc. 452 Fifth Avenue New York, NY 10018 | |
Governing Law: | New York | |
Listing: | Application will be made to admit the notes to the official list of the United Kingdom Listing Authority and to the regulated market of the London Stock Exchange | |
SEC Registered Global: | ISIN: US219868BS46 CUSIP: 219868BS4 |
(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 Deutsche Bank Securities Inc. at 800-503-4611, Goldman, Sachs & Co. at 866-471-2526, or HSBC Securities (USA) Inc. at 866-811-8049.
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