Filed Pursuant to Rule 433
Dated September 20, 2016
Registration No. 333-206207
PRICING TERM SHEET
Corporación Andina de Fomento
U.S.$1,000,000,000 of 2.125% Notes due 2021
| Issuer: | Corporación Andina de Fomento | |
| Ratings(1): | Moody’s: Aa3 (Stable) / S&P: AA- (Negative) / Fitch: AA- (Stable) | |
| Security Status: | Senior unsecured notes; not secured by any property or assets; notes rank equally with all other unsecured and unsubordinated indebtedness | |
| Format: | SEC Registered | |
| Currency: | U.S. Dollars | |
| Total Principal Amount: | U.S.$1,000,000,000 | |
| Offering Price: | 99.811% plus accrued interest, if any, from September 27, 2016 | |
| Gross Proceeds (excluding accrued interest): | U.S.$998,110,000 | |
| Trade Date: | September 20, 2016 | |
| Settlement Date: | September 27, 2016 (T+5) | |
| Maturity Date: | September 27, 2021 | |
| Coupon: | 2.125% per annum | |
| Spread to Mid-Swap: | +95 bps | |
| Mid-Swap Yield: | 1.215% | |
| Benchmark Instrument: | UST 1.125% due August 31, 2021 | |
| Benchmark Instrument Yield: | 1.190% | |
| Spread to Benchmark Instrument: | +97.5 bps | |
| Yield to Maturity: | 2.165% | |
| Interest Rate Payment Frequency: | Semi-annual | |
| Interest Payment Dates: | March 27 and September 27, with first interest payment date on March 27, 2017 | |
| Interest Rate Basis: | 30/360 | |
| Business Day Convention: | Modified Following, Unadjusted | |
| Redemption Provisions: | Notes may not be redeemed prior to September 27, 2021 | |
| Sinking Fund Provisions: | No sinking fund provisions | |
| Form: | Global note held by depositary or the depositary’s custodian | |
| Denominations: | Denominations of U.S.$1,000 and integral multiples of U.S.$1,000 in excess thereof | |
| Clearing: | DTC / Euroclear / Clearstream | |
| Joint Book-Running Managers: | Barclays Bank PLC Citigroup Global Markets Inc. HSBC Securities (USA) Inc. Merrill Lynch, Pierce, Fenner & Smith Incorporated | |
| Names and Addresses of Representatives: | Barclays Bank PLC 5 The North Colonnade Canary Wharf London E14 4BB United Kingdom
Citigroup Global Markets Inc. 388 Greenwich Street New York, NY 10013
HSBC Securities (USA) Inc. 452 Fifth Avenue New York, NY 10018
Merrill Lynch, Pierce, Fenner & Smith Incorporated One Bryant Park New York, NY 10036 | |
| Governing Law: | State of 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 | |
| CUSIP/ISIN: | ISIN: US219868BX31 CUSIP: 219868 BX3 | |
(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 Barclays Bank PLC at +1 (888) 603-5847, Citigroup Global Markets Inc. at +1 (800) 831-9146, HSBC Securities (USA) Inc. at +1 (866) 811-8049, or Merrill Lynch, Pierce, Fenner & Smith Incorporated at +1 (800) 294-1322.
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.