0001193125-17-009238.txt : 20170113 0001193125-17-009238.hdr.sgml : 20170113 20170113060535 ACCESSION NUMBER: 0001193125-17-009238 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20170113 DATE AS OF CHANGE: 20170113 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: REPUBLIC OF KOREA CENTRAL INDEX KEY: 0000873465 STANDARD INDUSTRIAL CLASSIFICATION: FOREIGN GOVERNMENTS [8888] IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-214726 FILM NUMBER: 17526457 BUSINESS ADDRESS: STREET 1: 88 KWANMOON-RO STREET 2: KWACHUN-SHI, KYUNGGI-DO CITY: REPUBLIC OF KOREA STATE: M5 ZIP: 427725 BUSINESS PHONE: 8225039267 MAIL ADDRESS: STREET 1: 88 KWANMOON-RO STREET 2: KWACHUN-SHI, KYUNGGI-DO CITY: REPUBLIC OF KOREA STATE: M5 ZIP: 427725 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: REPUBLIC OF KOREA CENTRAL INDEX KEY: 0000873465 STANDARD INDUSTRIAL CLASSIFICATION: FOREIGN GOVERNMENTS [8888] IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 88 KWANMOON-RO STREET 2: KWACHUN-SHI, KYUNGGI-DO CITY: REPUBLIC OF KOREA STATE: M5 ZIP: 427725 BUSINESS PHONE: 8225039267 MAIL ADDRESS: STREET 1: 88 KWANMOON-RO STREET 2: KWACHUN-SHI, KYUNGGI-DO CITY: REPUBLIC OF KOREA STATE: M5 ZIP: 427725 FWP 1 d284443dfwp.htm FREE WRITING PROSPECTUS FREE WRITING PROSPECTUS

Filed Pursuant to Rule 433

Registration No. 333-214726

The Republic of Korea

US$1,000,000,000 2.75% Notes due 2027

January 12, 2017

Final Term Sheet for US$1,000,000,000 2.75% Notes due 2027 (the “Notes”)

 

Issuer    The Republic of Korea

Issue Currency

    U.S. Dollars

Issue Size

    US$1,000,000,000

Issue Date

    January 19, 2017

Maturity Date

    January 19, 2027

Settlement Date

    On or about January 19, 2017, which will be the fourth business day following the date of this final term sheet. Because the Notes will initially settle in T+4, if you wish to trade the Notes on any day prior to the third business day from the settlement date, you may be required to specify an alternate settlement cycle at the time of your trade to prevent a failed settlement.

Interest Rate

    2.75% per annum (payable semi-annually)

Interest Payment Dates

   

January 19 and July 19 of each year, starting July 19, 2017.

Interest on the Notes will accrue from January 19, 2017.

Public Offering Price

    98.955%

Gross Proceeds

    US$989,550,000

Underwriting Discounts

    0.150%

Net Proceeds (before expenses)

    US$988,050,000

Listing

    Approval in-principle has been received for the listing and quotation on the Singapore Exchange Securities Trading Limited.

Joint Bookrunners

    Citigroup Global Markets Inc., Goldman Sachs International, The Hongkong and Shanghai Banking Corporation Limited, J.P. Morgan Securities LLC, The Korea Development Bank, Merrill Lynch, Pierce, Fenner & Smith Incorporated and Samsung Securities Co., Ltd.

Common Code

    155138289

ISIN

    US50064FAM68
CUSIP    50064F AM6

In connection with the offering, an affiliate of The Korea Development Bank, one of the Joint Bookrunners, has indicated an intention to purchase approximately 30% of the Notes.

This final term sheet should be read in conjunction with the prospectus dated December 21, 2016, as supplemented by the preliminary prospectus supplement dated January 12, 2017 (together, the “Preliminary Prospectus”), relating to the Notes. Capitalized terms used but not defined herein have the meanings given to them in the Preliminary Prospectus.

The Issuer has filed a registration statement (including a prospectus) with the U.S. 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 U.S. 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 U.S. Securities and Exchange Commission at www.sec.gov. Alternatively, the Issuer, an underwriter or dealer participating in the offering will arrange to send you the prospectus if you request it by calling HSBC toll-free at 1-800-811-8049.

The most recent prospectus can be accessed through the following link: http://www.sec.gov/Archives/edgar/data/873465/000119312517008216/d284443d424b5.htm