Brazil - Capitalization Bond
Article Index
Capitalization Bond
Capitalization Bond issued under the Brady Plan restructuring agreement in Bearer and Registerd securities form. Eligible for tendering in privatisation programme at 75% of face value. Brazil can repurchase the bonds in the market 2 1/2 years after issue.
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Issuer:
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Republica Federativa do Brasil
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Guarantor:
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None
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Issue Size:
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USD 7,387,519,000
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Maturity:
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April 15, 2014
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Interest Rate:
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8% fixed
to April 96...................4% paid in cash,...................4% capitalised
to April 98..............4 1/2% paid in cash,.............3 1/2% capitalised
to April 00...................5% paid in cash,...................3% capitalised
thereafter......................full 8% paid in cash
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Coupon Frequency:
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Semi-annual
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Coupon Dates:
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April 15 & October 15
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Day Count:
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30/360
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Issue Date:
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April 15, 1994
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Amortization:
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Repayable in 21 equal semi-annual installments beginning April 15, 2004.
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Par Amount:
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104.04% @ May 1, 1995 (including capitalised interest)
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Options:
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Callable at par plus accrued interest on coupon dates if no default
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Currency:
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US Dollar
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Form:
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Bearer and registered securities
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Denominations:
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$250,000 and integral multiples of $1,000
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Credit Rating:
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not rated
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Principal Collateral:
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None
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Interest Payment Collateral:
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None
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Registered Form
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Paying Agent:
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Chase Manhattan, London
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Bloomberg Ticker:
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BRAZIL
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CUSIP:
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TT3163066
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ISIN:
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XS0049993479
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Common Code:
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004999347
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Valoren:
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229108
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