Republic of Colombia Announces Final Results of Its Offer to Purchase
BOGOTA, Colombia, Jan. 27, 2012 /PRNewswire/ -- The Republic of Colombia ("Colombia") announced today the final results of its previously announced offer to purchase for cash (the "Offer") the securities listed in the table below (collectively the "Bonds"), on the terms and subject to the conditions set forth in an Offer to Purchase, dated January 10, 2012 (the "Offer to Purchase"). Capitalized terms used but not defined in this notice are as defined in the Offer to Purchase.
The following table sets forth the aggregate principal amount of each series of Bonds purchased, and the applicable Purchase Price per U.S.$1,000 principal amount for each series, and the aggregate principal amount of each series of Bonds remaining outstanding following the completion of the Offer.
|
Bond |
ISIN |
Outstanding Aggregate Principal Amount as of January 10, 2012 |
Aggregate Principal Amount Accepted for Purchase |
Purchase Price |
Aggregate Principal Amount Remaining Outstanding After Settlement |
| 10.75% Global Bonds due 2013 |
US195325BA29 |
U.S.$750,000,000 |
U.S.$227,055,000 |
U.S.$1,101.25 |
U.S.$522,945,000 |
| Floating Rate Notes due 2015 |
US195325BH71 |
U.S.$400,000,000 |
U.S.$230,812,000 |
U.S.$1,018.75 |
U.S.$169,188,000 |
| 8.70% Bonds due 2016 |
US195325AJ47 |
U.S.$117,549,000 |
U.S.$41,965,000 |
U.S.$1,218.75 |
U.S.$75,584,000 |
| 8.375% Bonds Due 2027 |
US195325AL92 |
U.S.$154,905,000 |
U.S.$80,613,000 |
U.S.$1,330.00 |
U.S.$74,292,000 |
Holders will also receive any accrued and unpaid interest on their Bonds up to (but excluding) the Settlement Date.
No Bonds were accepted for purchase for the following series: 8.25% Global Bonds due 2014, 7.375% Notes due 2017, 11.75% Global Bonds due 2020 and 8.125% Global Bonds due 2024.
HSBC and J.P. Morgan acted as dealer managers for the Offer.
This communication shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities referenced in this communication in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
United Kingdom: This document is only being distributed to and is only directed at (i) persons who are outside the United Kingdom or (ii) to investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order") or (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Articles 49(2)(a) to (d) of the Order (all such persons together being referred to as "relevant persons"). Any investment or investment activity to which this document relates is available only to relevant persons and will be engaged in only with relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents.
SOURCE Republic of Colombia
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