UNDERWRITING AGREEMENTUnderwriting Agreement • November 2nd, 2015 • 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.$1,700,000,000 aggregate principal amount of its 4.375% USD Bonds due 2027 ( the “Securities”). The Securities will be issued pursuant to an Indenture, to be dated on or about 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. The Securities will be issued in the form of one or more registered global securities (the “Global Securities”) deposited with a custodian for, and registered in the name of a nominee of, The Depository Trust Company (“DTC”), in the authorized denominations specified in Schedule I hereto. For purposes of the laws of the Republic, this Agreement is intended to secure the agreement on the part of the Underwriters to disburse the purchase price, as speci
