Prepared by R.R. Donnelley Financial -- Pricing Supplement #12
Filed pursuant to Rule 424(b)(3)
Registration No. 333-43522
PRICING SUPPLEMENT NO. 12
to the
Prospectus dated August 28, 2000
And the Prospectus Supplement dated September 6, 2000
Universal Corporation
$400,000,000
Medium-Term Notes, Series B
The date of this Pricing Supplement is September 9, 2002. On September 6, 2000, Universal Corporation
commenced a continuous medium term note offering under a prospectus dated August 28, 2000 and a prospectus supplement dated September 6, 2000 (together, the Prospectus). This Pricing Supplement should be read in conjunction with the
Prospectus, which more fully describes Universal Corporation, the medium term note program and the notes offered pursuant thereto. The securities offered under Universal Corporations medium term note program have been registered with the
United States Securities and Exchange Commission (SEC). Copies of the Prospectus are available to the public through the SECs Internet site at http://www.sec.gov.
The notes being purchased are to be consolidated and form a single issue with the $25,000,000 6.0% Notes due September 15, 2009 issued on September 3, 2002 and have the
following terms:
PRINCIPAL AMOUNT: |
$5,000,000 |
STATED MATURITY: |
September 15, 2009 |
SPECIFIED CURRENCY: |
U.S. Dollars |
FIXED INTEREST RATE: |
6.0% per annum |
ORIGINAL ISSUE DATE: |
September 12, 2002 |
PRICE TO PUBLIC: |
101.133%, plus accrued interest from and including September 3, 2002 to but excluding the date from which the notes are issued
|
AUTHORIZED DENOMINATIONS: |
Minimum denominations of $100,000 and integral multiples of $1,000 in excess thereof. |
AGENTS COMMISSION: |
0.625% |
NET PROCEEDS TO UNIVERSAL CORPORATION: |
$5,025,400 plus accrued interest |
THIS OFFERING IS SUBJECT TO REOPENING AT A LATER TIME TO OFFER ADDITIONAL NOTES HAVING THE SAME TERMS AS THE NOTES BEING
PURCHASED.
global registered book-entry form only: |
Yes |
non-global form available: |
Upon certain events as described in the Prospectus |
REDEMPTION AND REPAYMENT: |
Not redeemable or repayable prior to stated maturity |
interest payment dates: |
each March 15 and September 15, commencing March 15, 2003 |
regular record dates: |
the close of business on each March 1 or September 1 immediately preceding an interest payment date |
calculation agent: |
JPMorgan Chase Bank |
DEFEASANCE AND COVENANT DEFEASANCE:
The Company may effect defeasance or covenant
defeasance with respect to the notes upon meeting certain conditions as described in the Prospectus.
OTHER INFORMATION:
Neither the Securities and Exchange Commission nor any other regulatory body has approved or disapproved
these securities or passed upon the adequacy or accuracy of the Prospectus, the Prospectus Supplement or this Pricing Supplement. Any representation to the contrary is a criminal offense.
Terms used and not defined herein but defined in the Prospectus Supplement and Prospectus are used herein as therein defined.
UNIVERSAL CORPORATION
Pricing Supplement dated September 9, 2002