UNDERWRITING AGREEMENT Dated May 8, 2024 REPÚBLICA ORIENTAL DEL URUGUAY, acting through the Ministry of Economy and Finance AND HSBC SECURITIES (USA) INC. AND ITAU BBA USA SECURITIES, INC. AND SANTANDER US CAPITAL MARKETS LLC UNDERWRITING AGREEMENT...Underwriting Agreement • May 17th, 2024 • 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”) (i) Ps. 57,809,486,000 aggregate principal amount of its Uruguayan Peso-denominated 3.400% UI Bonds due 2045 (the “UI Bonds”) and (ii) an additional Ps. 11,554,800,000 aggregate principal amount of its Uruguayan Peso-denominated 9.750% Bonds due 2033 (the “Reopening 2033 Bonds” and, together with the UI Bonds, the “Securities”). The Securities will each 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”).
