Obligation Jamaïca 8.5% ( US470160BP68 ) en USD

Jamaïca

100 % ⇌

Jamaique

US470160BP68 ( en USD )

8.5% par an ( paiement semestriel )

16/11/2021 - Obligation échue

Prospectus brochure de l'obligation Jamaica US470160BP68 en USD 8.5%, échue

75 000 USD

161 904 731 USD

470160BP6

La Jamaïque est une île des Caraïbes, la troisième des Grandes Antilles, célèbre mondialement pour sa culture reggae vibrante, ses paysages montagneux luxuriants et ses plages idylliques qui en font une destination touristique prisée.

L'Obligation émise par Jamaïca ( Jamaique ) , en USD, avec le code ISIN US470160BP68, paye un coupon de 8.5% par an.
Le paiement des coupons est semestriel et la maturité de l'Obligation est le 16/11/2021

Luxembourg Stock Exchange listing prospectus supplement to prospectus dated July 11, 2013
Government of Jamaica

US$161,904,731
8.50% Notes Amortizing due 2021

The Government of Jamaica ("Jamaica") is offering US$161,904,731 of its 8.50% amortizing notes due 2021 (the
"2021 Jamaica Notes"). The 2021 Jamaica Notes will be direct, general, unsecured and unconditional obligations
and will rank at least pari passu, without any preference among themselves. The payment obligations of Jamaica
under the2021 Jamaica Notes will at all times rank at least equally with all other payment obligations of Jamaica
related to unsecured External Indebtedness (as defined) of Jamaica. Jamaica has pledged its full faith and credit
for the due and punctual payment of principal of and interest on the 2021 Jamaica Notes. Jamaica will pay
principal on the 2021 Jamaica Notes in 17 equal semi-annual installments of 5.882353% of the original principal
amount of the 2021 Jamaica Notes (with a final payment of 5.882352% of the original principal amount of the
2021 Jamaica Notes) on a pro rata basis on May 16 and November 16 of each year, commencing on November
16, 2013, with the final principal payment date of November 16, 2021. Jamaica will pay interest on the
outstanding principal amount of the 2021 Jamaica Notes semi-annually in arrears on May 16 and November 16 of
each year, commencing on November 16, 2013 at an annual rate of 8.50% beginning as of May 16, 2013.
The 2021 Jamaica Notes are being initially offered (the "Exchange Offer") and issued to certain eligible holders
of the outstanding 8.50% amortizing notes due 2021 (the "CAP Notes") issued by Clarendon Alumina Production
Limited ("CAP"), a company incorporated under the laws of Jamaica, and guaranteed by Jamaica in jurisdictions
where it is lawful to make such offers and issuances, and in conjunction with CAP's solicitation (the "Consent
Solicitation" and, together with the Exchange Offer, the "Invitation") of consents (the "Consents") to adopt
certain proposed amendments to the fiscal agency agreement under which the CAP Notes were issued, as
described in the invitation to exchange and consent solicitation statement dated July 31, 2013. Jamaica has
applied to have the 2021 Jamaica Notes listed on the Official List of the Luxembourg Stock Exchange and traded
on the Euro MTF Market of that exchange.
Neither the U.S. Securities and Exchange Commission nor any other regulatory body has approved or
disapproved these securities or passed upon the adequacy or accuracy of this prospectus supplement or the
prospectus to which it relates. Any representation to the contrary is a criminal offense.
Delivery of the 2021 Jamaica Notes in book entry form will be made on or about September 3, 2013 (the
"Settlement Date").

The date of this Luxembourg Stock Exchange listing prospectus is September 5, 2013.

INTRODUCTORY STATEMENTS
Jamaica accepts responsibility for the information contained in this prospectus supplement and the prospectus
that accompanies it. To the best of the knowledge and belief of the Jamaica (which has taken all reasonable care to
ensure that such is the case), the information contained in this prospectus supplement and the accompanying
prospectus accurately reflect the facts and does not omit anything likely to affect the import of such information.
Jamaica is a foreign sovereign government. Foreign sovereign governments are generally immune from
lawsuits and from the enforcement of judgments under United States laws; however, foreign sovereign governments
may waive this immunity, and limited exceptions to this immunity are set forth in the U.S. Foreign Sovereign
Immunities Act of 1976 (the "Immunities Act"). See "Enforcement of Claims" and "Description of the Debt
Securities--Enforcement of Claims" in the accompanying prospectus.
The distribution of this prospectus supplement and the accompanying prospectus and the offering of the 2021
Jamaica Notes may be legally restricted in some countries. If you wish to distribute this prospectus supplement or
the accompanying prospectus, you should observe any applicable restrictions. This prospectus supplement and the
accompanying prospectus should not be considered an offer, and it is prohibited to use them to make an offer, in any
state or country in which the making of an offer of the 2021 Jamaica Notes is prohibited.
Unless otherwise indicated, all references in this prospectus supplement to "JA dollars" and "J$" are to
Jamaica dollars, the lawful national currency of the country of Jamaica, and those to "U.S. dollars" or "US$" are to
the lawful currency of the United States of America. Unless the context otherwise requires, references to "Jamaica"
are references to the Government of Jamaica.
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OFFERING SUMMARY
This summary highlights information contained in this prospectus supplement and the accompanying
prospectus and may not contain all of the information that may be important to you. You should read this summary
along with the more detailed description appearing elsewhere in this prospectus supplement and in the
accompanying prospectus.
Issuer ................................
The Government of Jamaica.
Securities Offered ...........
8.50% Amortizing Notes due 2021 (the "2021 Jamaica Notes").
Issue Date ........................
The 2021 Jamaica Notes will be issued on the Settlement Date.
Interest .............................
The 2021 Jamaica Notes will bear interest at a rate of 8.50% per annum on the
outstanding principal amount beginning as of May 16, 2013 and payable semi-
annually in arrears in U.S. dollars on May 16 and November 16 of each year,
commencing November 16, 2013.
Principal ..........................
Principal payments will be made in 17 equal semi-annual installments of
5.882353% of the original principal amount of the 2021 Jamaica Notes (with a
final payment of 5.882352% of the original principal amount of the 2021 Jamaica
Notes) on a pro rata basis on May 16 and November 16 of each year, commencing
on November 16, 2013, with the final principal payment date of November 16,
2021. Accordingly, for each US$1,000,000 original principal amount of 2021
Jamaica Notes issued pursuant to the Exchange Offer, each semi-annual principal
payment will be US$58,823.53 (with a final payment of US$58,823.52).
Amortization Schedule ...
Each percentage below is expressed as a percent of the original principal amount of
the 2021 Jamaica Notes.

Remaining Principal
Date of Payment
Principal Payment
After Payment
November 16, 2013
5.882353%
94.117647%
May 16, 2014
5.882353%
88.235294%
November 16, 2014
5.882353%
82.352941%
May 16, 2015
5.882353%
76.470588%
November 16, 2015
5.882353%
70.588235%
May 16, 2016
5.882353%
64.705882%
November 16, 2016
5.882353%
58.823529%
May 16, 2017
5.882353%
52.941176%
November 16, 2017
5.882353%
47.058823%
May 16, 2018
5.882353%
41.176470%
November 16, 2018
5.882353%
35.294117%
May 16, 2019
5.882353%
29.411764%
November 16, 2019
5.882353%
23.529411%
May 16, 2020
5.882353%
17.647058%
November 16, 2020
5.882353%
11.764705%
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May 16, 2021
5.882353%
5.882352%

November 16, 2021
5.882352%
0.000000%
Final Maturity Date ........
The 2021 Jamaica Notes will mature on November 16, 2021.
Withholding Tax and

Additional Amounts .......
Jamaica will make all payments of principal and interest on the 2021 Jamaica
Notes without withholding or deduction for any Jamaican taxes. If Jamaican law
requires Jamaica to deduct or withhold taxes, Jamaica will pay the holders of the
2021 Jamaica Notes the additional amounts necessary to ensure that the holders of
the 2021 Jamaica Notes receive the same amount as they would have received
without such deduction or withholding, except in certain limited circumstances.
See "Description of the Debt Securities--Additional Amounts."
Further Issues .................
Jamaica may from time to time, without your consent, increase the size of the issue
of the 2021 Jamaica Notes, or issue additional debt securities that may be
consolidated and form a single series with the outstanding notes.
Book Entry Delivery, Form

and

Denominations ................
The 2021 Jamaica Notes will be issued in fully registered form without interest
coupons in minimum denominations of US$75,000 of original principal amount
and integral multiples of US$1.00 in excess thereof. The 2021 Jamaica Notes will
be represented by one or more global notes, registered in the name of Cede & Co.
as nominee of DTC. Beneficial interests in the global notes will be shown on, and
the transfer thereof will be effected through, records maintained by DTC. See
"Global Clearance and Settlement."
Status of the Notes ..........
The 2021 Jamaica Notes will be direct, general, unsecured and unconditional
obligations of Jamaica. They will rank equally in right of payment among
themselves and with all of Jamaica's existing and future unsecured external
indebtedness. Jamaica has pledged its full faith and credit to make all payments on
the 2021 Jamaica Notes when due. See "Description of the Debt Securities--
Status of the Debt Securities."
Events of Default .............
The 2021 Jamaica Notes will contain certain events of default, the occurrence of
which may permit noteholders to accelerate Jamaica's obligations under the 2021
Jamaica Notes prior to maturity. See "Description of the Debt Securities--Default;
Acceleration of Maturity."
Negative Pledge ...............
The 2021 Jamaica Notes will contain certain covenants, including a negative
pledge covenant that will restrict Jamaica from creating or permitting to exist
(subject to certain exceptions) any security interest on any of its present or future
revenue, properties or assets. See "Description of the Debt Securities--Negative
Pledge."
Payments of Principal and

Interest .............................
Jamaica will make payments of principal and interest on the 2021 Jamaica Notes in
U.S. dollars through the paying agent to DTC, which will receive funds for
distribution to the holders of the 2021 Jamaica Notes as registered with the registrar
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at the close of business on the fifteenth day preceding the date of payment.
Listing ..............................
Jamaica has applied to have the 2021 Jamaica Notes offered pursuant to this
Listing Particulars listed on the Official List of the Luxembourg Stock Exchange
and traded on the Euro MTF Market of that exchange.
Fiscal Agent, Principal
Paying Agent and Registrar
..........................................
Deutsche Bank Trust Company Americas.
Luxembourg Listing Agent,
Paying Agent and Transfer
Agent ................................
Deutsche Bank Luxembourg S.A.
Governing Law ...............
The 2021 Jamaica Notes and the Jamaica Fiscal Agency Agreement (as defined
herein) are governed by the laws of the State of New York, except with respect to
their authorization and execution, which will be governed by the laws of Jamaica.
See "Description of the Debt Securities--Governing Law and Submission to
Jurisdiction."
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DESCRIPTION OF THE NOTES
Unless otherwise specified, references in this section to the "notes" mean the 2021 Jamaica Notes being offered
herby.
The notes will be direct, general, unsecured and unconditional obligations and will rank at least pari passu,
without any preference among themselves. The notes will be issued under a fiscal agency agreement, dated as of
June 20, 2002, as supplemented or amended, among Jamaica, Deutsche Bank Trust Company Americas, as fiscal
agent, principal paying agent and registrar, and Deutsche Bank Luxembourg S.A. as paying agent and a transfer
agent (the "Jamaica Fiscal Agency Agreement").
The notes are a series of debt securities more fully described in the accompanying prospectus, except to the extent
indicated below. The following statements are subject to the provisions of the Jamaica Fiscal Agency Agreement
and the notes. This summary does not purport to be complete and the description below may not contain all of the
information that is important to you as a potential investor in the notes. Jamaica has filed a form of the Jamaica
Fiscal Agency Agreement, which includes a form of the notes, with the SEC as an exhibit to Jamaica's registration
statement on Schedule B. You should refer to the exhibit referenced above for more complete information
concerning the Jamaica Fiscal Agency Agreement and the notes. Capitalized terms not defined below shall have the
respective meanings given in the accompanying prospectus.
General Terms of the 2021 Jamaica Notes
The notes will:

bear interest at Error! Reference source not found.% per year on the outstanding principal amount
beginning as of May 16, 2013;

pay interest on May 16 and November 16 of each year, commencing November 16, 2013;

pay principal in 17 equal semi-annual installments of 5.882353% of the original principal amount of the
notes (with a final payment of 5.882352% of the original principal amount of the notes) on a pro rata basis
on May 16 and November 16 of each year, commencing on November 16, 2013, with the final principal
payment date of November 16, Error! Reference source not found.;

mature on November 16, Error! Reference source not found.; and

pay interest to the persons in whose names the notes are registered on the record date, which is the close of
business on the preceding May 1 or November 1 (whether or not a business day), as the case may be.
Interest will be calculated on the basis of a 360-day year, consisting of twelve 30-day months.
Jamaica has applied for the notes to be listed on the Official List of the Luxembourg Stock Exchange and traded
on the Euro MTF Market of that exchange. In addition, Jamaica will maintain a paying agent and transfer agent in
Luxembourg so long as any of the bonds are admitted to trading on the Euro MTF Market and the rules of the
Luxembourg Stock Exchange so require.
Meetings and Amendments
Jamaica may call a meeting of the holders of the notes at any time regarding the notes or the Jamaica Fiscal
Agency Agreement. Jamaica will determine the time and place of the meeting. Jamaica will notify the holders of
the notes of the time, place and purpose of the meeting between 30 and 60 days before the meeting.
The fiscal agent will call a meeting of holders of the notes if:
an event of default has occurred and is continuing; and
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the holders of at least 10% in principal amount of the notes then outstanding have delivered a
written request to the fiscal agent setting forth the action they propose to take.
Only holders of the notes and their proxies are entitled to vote at a meeting of the holders. Holders or proxies
representing a majority of the outstanding principal amount of the notes will normally constitute a quorum.
However, if a meeting is adjourned for a lack of a quorum, then security holders of the notes or proxies representing
25% of the outstanding principal amount will constitute a quorum when the meeting is rescheduled. The fiscal agent
will set the procedures governing the conduct of the meeting.
Jamaica, the fiscal agent and the holders of any series of the notes may generally modify or take action with
respect to the Jamaica Fiscal Agency Agreement or the terms of the notes:
with the affirmative vote of the holders of not less than 66 2/3% of the outstanding principal
amount of the notes that are represented at a meeting; or
with the written consent of the holders of 66 2/3% of the outstanding principal amount of the
notes.
However, all holders of the notes must unanimously consent to any amendment, modification or change with
respect to the notes that would:
change the due dates for the payment of principal or interest;
reduce any amounts payable on a note;
reduce the amount of principal payable upon acceleration of the maturity of the notes;
change the payment currency;
reduce the proportion of the holders of the principal amount of notes necessary to change the terms
of the Jamaica Fiscal Agency Agreement or the notes; or
change Jamaica's obligation to pay any additional amounts.
Jamaica and the fiscal agent may, without the vote or consent of any holder of the notes, amend the Jamaica
Fiscal Agency Agreement or the notes to:
add to Jamaica's covenants for the benefit of the holders;
surrender any of Jamaica's rights or powers;
provide collateral for the notes;
cure any ambiguity or correct or supplement any defective provision; or
make any other change that does not adversely affect the interest of any holder of the notes in any
material respect.
Notwithstanding "Description of the Debt Securities--Modifications; Collective Action Securities" in the
accompanying prospectus, the notes will not contain the provisions commonly known as "collective action clauses"
that are described therein.
Book Entry
The notes will be issued in fully registered form without interest coupons in minimum denominations of
US$75,000 of original principal amount and integral multiples of US$1.00 in excess thereof. Jamaica will issue the
notes in the form of one or more fully registered global notes. Jamaica will deposit the global notes with DTC and
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register the global notes in the name of Cede & Co. as DTC's nominee. Beneficial interests in the global notes will
be represented by, and transfers thereof will be effected only through, book-entry accounts maintained by DTC and
its participants.
Certificated Securities
In circumstances detailed in the accompanying prospectus (see "Description of the Debt Securities--Global
Securities--Registered Ownership of the Global Security"), Jamaica may issue certificated securities. In that event,
Jamaica will issue certificated securities in denominations of US$75,000 of original principal amount and integral
multiples of US$1.00 in excess thereof. The holders of certificated securities shall present directly at the corporate
trust office of the fiscal agent, at the office of the Luxembourg paying and transfer agent or at the office of any other
transfer agent as Jamaica may designate from time to time all requests for the registration of any transfer of such
securities, for the exchange of such securities for one or more new certificated securities in a like aggregate principal
amount and in authorized denominations and for the replacement of such securities in the cases of mutilation,
destruction, loss or theft. Certificated securities issued as a result of any partial or whole transfer, exchange or
replacement of the notes will be delivered to the holder at the corporate trust office of the fiscal agent, at the office
of the Luxembourg paying and transfer agent or at the office of any other transfer agent, or (at the risk of the holder)
sent by mail to such address as is specified by the holder in the holder's request for transfer, exchange or
replacement.
Registration and Payments
Jamaica will pay each installment amount of a note on the applicable payment date in immediately available
funds in the City of New York upon presentation of the note at the office of the fiscal agent in the City of New York
or, subject to applicable law and regulations, at the office outside the United States of any paying agent, including
the Luxembourg paying agent (if the notes are admitted for trading on the Euro MTF Market, and the rules of the
Luxembourg Stock Exchange so require).
Jamaica will appoint the fiscal agent as registrar, principal paying agent and transfer agent of the notes. In these
capacities, the fiscal agent will, among other things:

maintain a record of the aggregate holdings of notes represented by the global notes and any certificated
notes and accept notes for exchange and registration of transfer;

ensure that payments of principal and interest in respect of the notes received by the fiscal agent from
Jamaica are duly paid to the depositaries for the securities or their respective nominees and any other
holders of any notes; and

transmit to Jamaica any notices from holders of any of the notes.
If the notes are admitted for trading on the Euro MTF Market, and the rules of the Luxembourg Stock Exchange
so require, Jamaica will appoint and maintain a paying agent and a transfer agent in Luxembourg, who shall initially
be Deutsche Bank Luxembourg S.A. Eligible Holders of certificated securities will be able to receive payments
thereon and effect transfers thereof at the offices of the Luxembourg paying and transfer agent. For so long as the
notes are listed on the Luxembourg Stock Exchange, Jamaica will publish any change as to the identity of the
Luxembourg paying and transfer agent in a leading newspaper in Luxembourg, which is expected to be the
Luxemburger Wort, or on the website of the Luxembourg Stock Exchange (http://www.bourse.lu).
Redemption and Sinking Fund
Jamaica may not redeem the notes prior to maturity. Jamaica will not provide a sinking fund for the amortization
and retirement of the notes.
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Regarding the Fiscal Agent
The fiscal agent has its principal corporate trust office at Deutsche Bank Trust Company Americas, Trust &
Securities Services, 60 Wall Street, 27th Floor-MS NYC60-2710, New York, NY 10005. Jamaica will at all times
maintain a paying agent and a transfer agent in the City of New York or the State of New Jersey which will, unless
otherwise provided, be the fiscal agent. Jamaica may maintain deposit accounts and conduct other banking
transactions in the ordinary course of business with the fiscal agent. The fiscal agent will be the agent of Jamaica,
not a trustee for holders of any notes. Accordingly, the fiscal agent will not have the same responsibilities or duties
to act for such holders as would a trustee, except that monies held by the fiscal agent as payment of principal or
interest on the notes shall be held by the fiscal agent in trust for the holders of the notes.
The Jamaica Fiscal Agency Agreement is not required to be qualified under the U.S. Trust Indenture Act of 1939.
Accordingly, the Jamaica Fiscal Agency Agreement may not contain all of the provisions that could be beneficial to
holders of the notes that would be contained in an indenture qualified under the Trust Indenture Act.
Notices
All notices will be published in London in the Financial Times, in the City of New York in The Wall Street
Journal and, so long as the notes are admitted for trading on the Euro MTF, in Luxembourg in the Luxemburger
Wort. If Jamaica cannot, for any reason, publish notice in any of these newspapers, it will choose an appropriate
alternate English language newspaper of general circulation, and notice in that newspaper will be considered valid
notice. Notice will be considered made as of the first date of its publication.
Further Issues
Jamaica may from time to time, without your consent, create and issue additional debt securities having the same
terms and conditions as the notes offered by this prospectus supplement (or the same except for the amount of the
first interest payment). Jamaica may consolidate the additional debt securities to form a single series with the
outstanding notes.
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