FWP 1 a19-11689_8fwp.htm FWP

 

Filed Pursuant to Rule 433

Registration Statement No. 333-232213

Issuer Free Writing Prospectus dated June 26, 2019

Relating to Preliminary Prospectus Supplement dated June 20, 2019

 

WEIBO CORPORATION

 

Pricing Term Sheet

 

US$800,000,000 3.500% Notes due 2024 (the “Securities”)

 

Issuer:

Weibo Corporation

 

 

 Principal Amount:

US$800,000,000

 

 

 Maturity Date:

July 5, 2024

 

 

 Coupon (Interest Rate):

3.500%

 

 

 Public Offering Price:

100% of face amount.

 

 Ranking:

Senior unsecured

 

 

 Format:

SEC registered

 

 

 Listing:

Approval in-principle has been received for the listing and quotation of the Securities on the SGX-ST.

 

 

 Minimum Denomination:

US$200,000 and integral multiples of US$1,000 in excess thereof

 

 

 Yield to Maturity:

3.500%

 

 

 Spread to Benchmark Treasury:

1.725%

 

 

 Benchmark Treasury:

2.000% due 5/31/2024

 

 

 Benchmark Treasury Price and Yield:

101-1¾ and 1.775%

 

 

 Interest Payment Dates:

January 5 and July 5, commencing January 5, 2020

 

 

 Interest Payment Record Dates:

June 21 and December 22

 

 

 Optional Redemption:

Make Whole Call at any time prior to June 5, 2024 at a redemption price equal to the greater of 100% and a discount rate of the Treasury Yield plus 30 basis points.

 

Par Call at any time from or after June 5, 2024 at a redemption price equal to 100%.

 

 

Trade Date:

June 26, 2019

 

 

Settlement Date:

July 5, 2019

 

 

CUSIP / ISIN:

948596AD3 / US948596AD39

 

 

Issue Ratings*:

S&P: BBB; Moody’s: Baa1

 

 

Issuer Ratings**:

S&P: BBB; Moody’s: Baa1

 

 

Sole Bookrunner:

Goldman Sachs (Asia) L.L.C.

 


 


*                 A securities rating is not a recommendation to buy, sell or hold securities and may be revised or withdrawn at any time. Each rating should be evaluated independently of any other rating.

**          see “Risk FactorsRisks Relating to the NotesOur credit ratings may not reflect all risks of your investments in the Notes, and changes in credit ratings may materially reduce the value of the Notes.” in the preliminary prospectus supplement.

 

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 website at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus and prospectus supplement if you request it by calling Goldman Sachs & Co., an affiliate of Goldman Sachs (Asia) L.L.C., toll-free at +1 (866) 471-2526.

 

No PRIIPs Key Information Document (KID) has been prepared as not available to retail in EEA.

 

Any disclaimer or other notice that may appear below is not applicable to this communication and should be disregarded. Such disclaimer or notice was automatically generated as a result of this communication being sent by Bloomberg or another email system.

 

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