Filed pursuant to Rule 433
Registration Statements No. 333-173509
Relating to Preliminary Prospectus Supplement dated
January 10, 2013
Final Term Sheet
3.125% Senior Notes due 2018
Pricing Term Sheet
A preliminary prospectus supplement of CorpBanca accompanies this free writing prospectus and is available from the SEC’s website at www.sec.gov.
Issuer: | CorpBanca | |
Form: | Senior Unsecured Notes | |
Offering: | SEC-Registered | |
Currency: | U.S. Dollars | |
Principal Amount: | $800,000,000 | |
Maturity: | January 15, 2018 | |
Coupon Rate: | 3.125% | |
Interest Basis: | Payable semi-annually in arrears | |
Day Count: | 30/360 | |
Interest Payment Dates: | January 15 and July 15 | |
First Interest Payment Date: | July 15, 2013 | |
Price (%): | 99.473% | |
Gross Proceeds: | $795,784,000 | |
Benchmark Treasury: | UST 0.75% due 12/31/2017 | |
Benchmark Treasury Spot and Yield: | 99-25 3/4, 0.79% | |
Spread to Benchmark Treasury: | 245 bps | |
Yield to Investors: | 3.240% |
Make-Whole Call Spread:
Underwriters’ Discount: | T + 35 bps
0.40% | |
Pricing Date: | January 10, 2013 | |
Settlement Date: | January 15, 2013 (T+3) | |
Listing: | Luxembourg Stock Exchange | |
Denominations: | US$200,000 and integral multiples of US$1,000 in excess thereof | |
CUSIP: | 21987A AB6 | |
ISIN: | US21987AAB61 | |
Underwriters: | Citigroup Global Markets Inc. J.P. Morgan Securities LLC | |
Ratings: | Baa1 (Moody’s) BBB+ (S&P) |
These securities ratings have been provided by Moody’s and Standard and Poor’s. Neither of these ratings is a recommendation to buy, sell or hold these securities. Each rating may be subject to revision or withdrawal at any time and should be evaluated independently of any other rating.
The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus or any prospectus supplement for this offering if you request it by calling Citigroup Global Markets Inc. collect at 1-212-723-5427 or J.P. Morgan Securities LLC toll free in the United States at 1-866-846-2874.