FWP

Filed Pursuant to Rule 433

Registration No. 333-165047

Term Sheet

March 5, 2012

MASCO CORPORATION

$400,000,000 5.95% NOTES DUE 2022

 

ISSUER:    Masco Corporation
TITLE OF SECURITIES:    5.95% Notes due 2022
RATINGS*:    Ba2(negative) by Moody’s Investors Service, Inc and BBB-(stable) by Standard & Poor’s Rating Services
TRADE DATE:    March 5, 2012
SETTLEMENT DATE (T+5):    March 12, 2012
MATURITY DATE:    March 15, 2022
AGGREGATE PRINCIPAL AMOUNT OFFERED:    $400,000,000
PRICE TO PUBLIC (ISSUE PRICE):    100.00%
BENCHMARK:    UST 2.000% due February 15, 2022
BENCHMARK TREASURY PRICE AND YIELD:    100-02; 1.993%
YIELD TO MATURITY:    5.95%
SPREAD TO TREASURY:    395.7 basis points
INTEREST RATE:    5.95% per annum
INTEREST PAYMENT DATES:    Semi-annually on each March 15 and September 15; commencing on September 15, 2012
DENOMINATIONS:    $2,000 by $1,000
OPTIONAL REDEMPTION:    Make-whole call at any time at the greater of 100% of the principal amount of the notes being redeemed or discounted present value at the treasury rate plus 50 basis points
CHANGE OF CONTROL:    Upon the occurrence of a Change of Control Triggering Event, we will be required to make an offer to purchase the notes at a price equal to 101% of their principal amount plus accrued and unpaid interest to the date of repurchase.


JOINT BOOKRUNNERS:   

Citigroup Global Markets Inc.

J.P. Morgan Securities LLC

Deutsche Bank Securities Inc.

RBC Capital Markets, LLC

Wells Fargo Securities, LLC

CO-MANAGERS:   

Comerica Securities, Inc.

Commerz Markets LLC

Fifth Third Securities, Inc.

Merrill Lynch, Pierce, Fenner & Smith Incorporated

PNC Capital Markets LLC

SMBC Nikko Capital Markets Limited

U.S. Bancorp Investments, Inc.

CUSIP:    574599BH8

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 IF YOU REQUEST IT BY CALLING CITIGROUP GLOBAL MARKETS INC. TOLL-FREE AT 877-858-5407, J.P. MORGAN SECURITIES LLC COLLECT AT 212-834-4533, DEUTSCHE BANK SECURITIES INC. TOLL-FREE AT 800-503-4611, RBC CAPITAL MARKETS, LLC TOLL-FREE AT 866-375-6829 OR WELLS FARGO SECURITIES, LLC TOLL-FREE AT 800-326-5897 .

ANY DISCLAIMERS OR OTHER NOTICES THAT MAY APPEAR BELOW ARE NOT APPLICABLE TO THIS COMMUNICATION AND SHOULD BE DISREGARDED. SUCH DISCLAIMERS OR OTHER NOTICES WERE AUTOMATICALLY GENERATED AS A RESULT OF THIS COMMUNICATION BEING SENT VIA BLOOMBERG OR ANOTHER EMAIL SYSTEM.

 

* Note: A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.

 

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