Venezuela - FLRIB A
Article Index
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. |
Tranche USD-A
| Listing: | Luxembourg |
| Paying Agent: | Chase Manhattan New York |
| Bloomberg Ticker: | VENZ |
| CUSIP: | TT3077357 |
| ISIN: | XS0029439303 |
| Euroclear: | 68122 |
| Cedel: | 398034 |
| Common Code: | 002943930 |
| Sedol 1 | 4924281 |
| Valoren: | 036442 |