UNDERWRITING AGREEMENT Dated April 12, 2018 REPÚBLICA ORIENTAL DEL URUGUAY, acting through the Ministry of Economy and Finance AND BBVA SECURITIES INC. AND CITIGROUP GLOBAL MARKETS INC. AND HSBC SECURITIES (USA) INC. UNDERWRITING AGREEMENT 4.975% USD...Underwriting Agreement • April 20th, 2018 • Uruguay Republic Of • Foreign governments • New York
REPÚBLICA ORIENTAL DEL URUGUAY acting through the Ministry of Economy and Finance (the “Republic”) proposes to issue and sell to the underwriters named in Schedule II hereto (the “Underwriters”) U.S.$1,750,000,000 aggregate principal amount of its 4.975% USD Bonds due 2055 (the “Bonds”). The Bonds will be issued pursuant to the indenture dated as of October 27, 2015 (the “Indenture”), among the Republic and The Bank of New York Mellon, as trustee (the “Trustee”). A form of the Indenture was filed on October 19, 2015 with the U.S. Securities and Exchange Commission (the “Commission”).
