Venezuela - FLRIB A
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Venezuela - Front-Loaded Interest Reduction Bond Series A
FLIRB issued under the Brady Plan restructuring agreement.
| Obligor: | The Republic of Venezuela |
| Guarantor: | None |
| Issue Size: | USD 1,670,370,000 |
| Maturity: | March 31, 2007 |
| Interest Rate: | 5%............................to March 31, 1992 6%............................to March 31, 1994 7%............................to March 31, 1995 6-month LIBOR plus 7/8% thereafter |
| Coupon Frequency: | Semi-annual |
| Coupon Dates: | March 31 & September 30 |
| Day Count: | 30/360 |
| Issue Date: | December 18, 1990 |
| Amortisation: | Repayable in 21 equal semi-annual installments beginning March 31, 1997 |
| Options: | Callable at par with accrued interest if no default. |
| Currency: | USD |
| Form of Instrument: | Bearer securities |
| Denominations: | $250,000 and integral multiples thereof |
| Credit Rating: | Moody's: Ba3 |
| Principal Collateral: | None |
| Interest Payment Collateral: | 12-month rolling interest payment guarantee until April 1, 1995 |
| Notes: | Issued as part of the Brady Plan debt restructuring. |