-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, P2jQr7okI0XFDdPCNGjkGi4RedcKIZlDs71ktfgCxHWWyIBaLeFXPIxASRlUDwUX lOywe37rcmwOjv6PG9lrKw== 0001193125-08-014267.txt : 20080129 0001193125-08-014267.hdr.sgml : 20080129 20080129131330 ACCESSION NUMBER: 0001193125-08-014267 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20080129 DATE AS OF CHANGE: 20080129 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: REPUBLIC OF THE PHILIPPINES CENTRAL INDEX KEY: 0001030717 STANDARD INDUSTRIAL CLASSIFICATION: FOREIGN GOVERNMENTS [8888] IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-133836 FILM NUMBER: 08557041 BUSINESS ADDRESS: STREET 1: 556 FIFTH AVE STREET 2: PHILIPPINE CONSULATE GENERAL CITY: NEW YORK STATE: NY ZIP: 10036 MAIL ADDRESS: STREET 1: DEPT. OF FINANCE CORNER PABLO STREET 2: OCAMPO, SR STREET MANILA, PHILIPPINES CITY: MANILA STATE: R6 ZIP: 1004 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: REPUBLIC OF THE PHILIPPINES CENTRAL INDEX KEY: 0001030717 STANDARD INDUSTRIAL CLASSIFICATION: FOREIGN GOVERNMENTS [8888] IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 556 FIFTH AVE STREET 2: PHILIPPINE CONSULATE GENERAL CITY: NEW YORK STATE: NY ZIP: 10036 MAIL ADDRESS: STREET 1: DEPT. OF FINANCE CORNER PABLO STREET 2: OCAMPO, SR STREET MANILA, PHILIPPINES CITY: MANILA STATE: R6 ZIP: 1004 FWP 1 dfwp.htm FREE WRITING PROSPECTUS Free Writing Prospectus

Filed Pursuant to Rule 433

Registration Statement No. 333-133836

January 29, 2008

Republic of the Philippines

US$500,000,000 6.375% Global Bonds due 2032

Final Term Sheet

 

Issuer

    Republic of the Philippines

Issue currency

    US$

Amount issued

    US$500,000,000 (brings total size of issue to US$1,500,000,000)

Security type

    Senior Unsecured Bonds

Coupon

    6.375%

Coupon dates

    January 15 and July 15

Maturity date

    January 15, 2032

CUSIP

    718286BD8

Price to public

    98.000% (plus accrued interest from January 15, 2008)

Proceeds, before fees and expenses

    US$490,000,000 (plus accrued interest from January 15, 2008)

Settlement date

    February 5, 2008

Reference benchmark

    4.750% UST due February 2037

Benchmark yield

    4.335%

Re-offer spread over benchmark

    220.5 bps

Re-offer yield

    6.541%

Denominations

    US$100k/1k

Day count

    30/360

Joint Bookrunners

    Credit Suisse, Deutsche Bank

The issuer has filed a registration statement (including a prospectus) with the 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 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 Securities and Exchange Commission at www.sec.gov. Alternatively, an underwriter or dealer participating in the offering will arrange to send you the prospectus if you request it by calling toll-free at 1-800-503-4611. Alternatively, an underwriter or dealer participating in the offering will arrange to send you the prospectus if you request it by calling Deutsche Bank toll-free at 1-800-503-4611 or Credit Suisse toll-free at 1-800-221-1037.

The prospectus can be accessed through the following link:

http://www.sec.gov/Archives/edgar/data/1030717/000119312508014024/d424b3.htm.

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