Venezuela - Debt Conversion Bond (DCB)
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Venezuela - Debt Conversion Bond
Debt Conversion Bond issued under Brady Plan restructuring agreement.
| Obligor: | The Republic of Venezuela |
| Guarantor: | None |
| Issue Size: | USD 5,352,811,000 |
| Maturity: | December 18, 2007 |
| Interest Rate: | 6-month LIBOR plus 7/8% |
| Coupon Frequency: | Semi-annual |
| Coupon Dates: | June 18 & December 18 |
| Day Count: | Actual/360 |
| Issue Date: | December 18, 1990 |
| Amortisation: | Repayable in 21 equal semi-annual installments beginning December 18, 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: | None |