Dated as of January 12, 2016 REPUBLIC OF CHILE, CITIGROUP GLOBAL MARKETS INC., HSBC SECURITIES (USA) INC., Merrill Lynch, Pierce, Fenner & Smith Incorporated, AND SANTANDER INVESTMENT SECURITIES INC. UNDERWRITING AGREEMENT US$1,349,122,000 3.125%...Underwriting Agreement • February 5th, 2016 • Republic of Chile • Foreign governments • New York
THE REPUBLIC OF CHILE (the “Republic”) proposes to issue and sell to Citigroup Global Markets Inc., HSBC Securities (USA) Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated and Santander Investment Securities Inc. (the “Underwriters”) US$1,349,122,000 aggregate principal amount of its 3.125% Notes due 2026 (the “Notes”). The offering of the Notes by the Republic is being made concurrently with (i) an offer by the Republic to purchase for cash certain outstanding notes of the Republic (the “Old Notes”) on the terms and subject to the conditions set forth in an offer to purchase, dated January 12, 2016 (the “Offer to Purchase”), which is scheduled to settle on January 20, 2016 (the “Offer to Purchase Settlement Date”) and (ii) an offer by the Republic of Euro-denominated notes due 2026 (the “Euro Notes”) in accordance with a certain underwriting agreement dated as of the date hereof (the “Euro Notes Underwriting Agreement”). The Republic expects to apply all or a portion of the net
