EX-99.A 2 dex99a.htm FINAL TERMS Final Terms

Exhibit 99(a)

Final Terms

28 November 2006

WACHOVIA CORPORATION

Issue of £700,000,000 4.875 per cent. Subordinated Notes due 29 November 2035

under the U.S.$20,000,000,000

Euro Medium Term Note Programme

PART A — CONTRACTUAL TERMS

Terms used herein shall be deemed to be defined as such for the purposes of the Conditions set forth in the Offering Circular dated 21 July 2006 which constitutes a base prospectus for the purposes of the Prospectus Directive (Directive 2003/71/EC) (the Prospectus Directive). This document constitutes the Final Terms of the Notes described herein for the purposes of Article 5.4 of the Prospectus Directive and must be read in conjunction with the Offering Circular. Full information on the Issuer and the offer of the Notes is only available on the basis of the combination of these Final Terms and the Offering Circular. The Offering Circular is available for viewing at Investor Relations, Wachovia Corporation, One Wachovia Center, 301 South College Street NC 0206, Charlotte, North Carolina 28288, United States of America and the Market News section of the London Stock Exchange website (www.londonstockexchange.com) and copies may be obtained from Investor Relations, Wachovia Corporation, One Wachovia Center, 301 South College Street NC 0206, Charlotte, North Carolina 28222, United States of America.

 

1.      Issuer:

    Wachovia Corporation

2.      (a)    Series Number:

    F

         (b)    Tranche Number:

    1

3.      Specified Currency or Currencies:

    Pounds Sterling (£)

4.      Aggregate Nominal Amount:

   

         (a)    Series:

    £700,000,000

         (b)    Tranche:

    £700,000,000

5.      Issue Price:

    98.307 per cent. of the Aggregate Nominal Amount

6.      Specified Denominations:

    £50,000

7.      (a)    Issue Date:

    29 November 2006

         (b)    Interest Commencement Date:

    29 November 2006

8.      Maturity Date:

    29 November 2035

9.      Interest Basis:

    4.875 per cent. Fixed Rate (semi-annual)

10.    Redemption/Payment Basis:

    Redemption at par

 

11.    Change of Interest Basis or Redemption/Payment Basis:

    Not Applicable

12.    Put/Call Options:

    Not Applicable

13.    Status of the Notes:

    Subordinated

14.    Method of distribution:

    Syndicated
PROVISIONS RELATING TO INTEREST PAYABLE

15.    Fixed Rate Note Provisions

    Applicable

(a)    Rate(s) of Interest:

    4.875 per cent. per annum payable semi-annually in arrear

(b)    Interest Payment Date(s):

    29 May and 29 November in each year up to and including the Maturity Date

(c)    Fixed Coupon Amount(s):

    £1,218.75 per £50,000 in nominal amount

(d)    Broken Amount(s):

    Not Applicable

(e)    Day Count Fraction:

    Actual/Actual (ICMA)

(f)     Determination Date(s):

    29 May and 29 November in each year

(g)    Other terms relating to the method of calculating interest for Fixed Rate Notes:

    None

16.    Floating Rate Note Provisions

    Not Applicable

17.    Zero Coupon Note Provisions

    Not Applicable

18.    Index Linked Interest Note Provisions

    Not Applicable

19.    Dual Currency Interest Note Provisions

    Not Applicable
PROVISIONS RELATING TO REDEMPTION

20.    Issuer Call:

    Not Applicable

21.    Investor Put:

    Not Applicable

22.    Final Redemption Amount of each Note:

    £50,000 per Note of £50,000 Specified Denomination

23.    Early Redemption Amount of each Note payable on redemption for taxation reasons or on event of default and/or the method of calculating the same (if required or if different from that set out in Condition 7.5):

    Condition 7.5 applies

 

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GENERAL PROVISIONS APPLICABLE TO THE NOTES

24.    Form of Notes:

    Bearer:
   Temporary Bearer Global Note exchangeable for a Permanent Bearer Global Note which is exchangeable for Definitive Bearer Notes as set forth in the form of Permanent Bearer Global Note

25.    New Global Note:

    No

26.    Additional Financial Centre(s) or other special provisions relating to Payment Days:

    Not Applicable

27.    Talons for future Coupons or Receipts to be attached to Definitive Notes (and dates on which such Talons mature):

    Yes. Talons will mature on 29 May 2019 and 29 November 2031

28.    Details relating to Partly Paid Notes: amount of each payment comprising the Issue Price and date on which each payment is to be made and consequences of failure to pay, including any right of the Issuer to forfeit the Notes and interest due on late payment:

    Not Applicable

29.    Details relating to Instalment Notes:

   

(a)    Instalment Amount(s):

    Not Applicable

(b)    Instalment Date(s):

    Not Applicable

30.    Redenomination applicable:

    Redenomination not applicable

31.    Other final terms:

    Not Applicable

32.    Additional United States Tax Considerations:

    Not Applicable

 

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DISTRIBUTION

 

33.    (a)    If syndicated, names of Managers:

   

Barclays Bank PLC

UBS Limited

Wachovia Securities International Limited

ABN AMRO Bank N.V.

Deutsche Bank AG, London Branch

The Royal Bank of Scotland plc

Lloyds TSB Bank plc

(b)    Stabilising Manager:

    Barclays Bank PLC

34.    If non-syndicated, name of relevant Dealer:

    Not Applicable

35.    Whether TEFRA D rules applicable or TEFRA rules not applicable:

    TEFRA D applicable

36.    Additional selling restrictions:

    Regulation S, Category 2

LISTING AND ADMISSION TO TRADING APPLICATION

These Final Terms comprise the final terms required to list and have admitted to trading the issue of Notes described herein pursuant to the U.S.$20,000,000,000 Euro Medium Term Note Programme of Wachovia Corporation and Wachovia Bank, National Association.

RESPONSIBILITY

The Issuer accepts responsibility for the information contained in these Final Terms.

 

Signed on behalf of the Issuer:
By:   /s/ KIM ZWEIER
  Duly authorised

 

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PART B — OTHER INFORMATION

 

1. LISTING

 

(i)     Listing:

    London

(ii)    Admission to trading:

    Application has been made for the Notes to be admitted to trading on the London Stock Exchange’s Gilt Edged and Fixed Interest Market with effect from 29 November 2006

(iii)  Estimate of total expenses related to admission to trading:

    £4,200

 

2. RATINGS

 

Ratings:    The Notes to be issued have been rated:
  

S & P:        A

Moody’s: A1

Fitch:         A+

 

3. NOTIFICATION

Not Applicable

 

4. INTERESTS OF NATURAL AND LEGAL PERSONS INVOLVED IN THE ISSUE

Save for any fees payable to the Managers, so far as the Issuer is aware, no person involved in the issue of the Notes has an interest material to the offer.

 

5. REASONS FOR THE OFFER, ESTIMATED NET PROCEEDS AND TOTAL EXPENSES

 

(i)     Reasons for the Offer:

    See “Use of Proceeds” in the Offering Circular.

(ii)    Estimated net proceeds:

    Not Applicable

(iii)  Estimated total expenses:

    Not Applicable

 

6. YIELD

 

Indication of yield (semi-annual):    4.986 per cent.
   The yield is calculated at the Issue Date on the basis of the Issue Price. It is not an indication of future yield.

 

7. PERFORMANCE OF INDEX/FORMULA, EXPLANATION OF EFFECT ON VALUE OF INVESTMENT AND ASSOCIATED RISKS AND OTHER INFORMATION CONCERNING THE UNDERLYING

Not Applicable

 

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8. PERFORMANCE OF RATES OF EXCHANGE AND EXPLANATION OF EFFECT ON VALUE OF INVESTMENT

Not Applicable

 

9. OPERATIONAL INFORMATION

 

(i)     ISIN Code:

    XS0276684700

(ii)    Common Code:

    027668470

(iii)  Any clearing system(s) other than Euroclear Bank S.A./N.V. and Clearstream Banking, société anonyme and the relevant identification number(s):

    Not Applicable

(iv)   Delivery:

    Delivery against payment

(v)    Names and addresses of additional Paying Agent(s) (if any):

    Not Applicable

(vi)   Intended to be held in a manner which would allow Eurosystem eligibility:

    No

 

10. GENERAL

 

Tradeable amount:    Not Applicable

 

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