FWP 1 dfwp.htm FORM FWP Form FWP

Filed pursuant to Rule 433

Registration Statement No. 333-129000

January 30, 2006

Relating to Preliminary Prospectus Supplement

Dated January 30, 2006

 

FEDERATIVE REPUBLIC OF BRAZIL

 

FINAL TERMSHEET

 

Re-opening of 7.375% Global Bonds Due 2015

 

Issuer

    Federative Republic of Brazil

Title

    7.375% Global Bonds due 2015

Issue currency

    EUR

Ratings

    Ba3/BB-/BB-

Issue size

    EUR 300 million

Maturity date

    February 3, 2015

Settlement date

    February 3, 2006 (T+4)

Reference 9-yr mid swap Rate

    3.598%

Re-offer spread over mid-swaps

    +185 bps area

Re-offer yield

    5.448% annual

Re-offer spread over benchmark

    +200.5 bps area

Reference benchmark

    3.750% DBR due January 2015

Benchmark yield

    3.443%

Coupon

    7.375 % annual

Re-offer price

    113.428%

Denominations

    EUR 1,000/1,000

Day count

    ACT/ACT

Type

    SEC Registered Global

Listing

    Euro MTF Market Luxembourg

Joint Bookrunners/Allocation

    Barclays Capital (50%), Dresdner Kleinwort Wasserstein) (50%)

ISIN/Common Code

    XS0211229637/ 021122963

Interest payment dates

    February 3 of each year, starting February 3, 2007

Underwriting discount

    25bp or 0.25% of face amount

 

A preliminary prospectus supplement of Brazil accompanies the free-writing prospectus and is available from the SEC’s website at

http://www.sec.gov/Archives/edgar/data/205317/000119312506014870/d424b5.htm

 

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, 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 Capital collect to 1-888-227-2775, Ext. 2663 or from outside the U.S. to 1-212-412-2663 or at Dresdner Kleinwort Wasserstein to 1-212-895-1586.

 

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 EMAIL SYSTEM.