Aggregate Principal Amount:
|
$750,000,000 | |
Title of Securities:
|
7.375% Senior Notes due 2020 | |
Final Maturity Date:
|
June 1, 2020 | |
Issue Price:
|
100.000%, plus accrued interest, if any | |
Coupon:
|
7.375% | |
Yield to Maturity:
|
7.375% | |
Interest Payment Dates:
|
June 1 and December 1 | |
Record Dates:
|
May 15 and November 15 | |
First Interest Payment Date:
|
June 1, 2012 | |
Gross Proceeds:
|
$750,000,000 | |
Underwriting Discount:
|
1.30% | |
Net Proceeds to the Issuers
before Estimated Expenses:
|
$740,250,000 | |
Optional Redemption:
|
Except as described below, the Notes are not redeemable before December 1, 2015. On or after December 1, 2015, the Issuers may redeem all or a part of the Notes upon not less than 30 nor more than 60 days notice, at the redemption prices (expressed as percentages of principal amount of Notes) set forth below plus accrued and unpaid interest thereon, if any, to the applicable redemption date, if redeemed during the twelve-month period beginning on December 1 of the years indicated below: |
Date | Price | |||
2015 |
103.688 | % | ||
2016 |
101.844 | % | ||
2017 and thereafter |
100.000 | % |
At any time prior and from time to time prior to December 1, 2015, the Issuers may also redeem the outstanding Notes, in whole or in part, at a redemption price equal to 100% of the principal amount thereof plus accrued and unpaid interest, if any, on such Notes to the redemption date, plus the Make-Whole Premium. | ||
Optional Redemption with Equity Proceeds:
|
At any time prior to December 1, 2014, the Issuers may, on any one or more occasions, redeem up to 35% of the Notes at a redemption price equal to 107.375% of the principal amount thereof, plus accrued and unpaid interest to the redemption date, with the net cash proceeds of certain equity offerings. | |
Change of Control:
|
101% | |
Underwriters:
|
Merrill Lynch, Pierce, Fenner & Smith Incorporated Citigroup Global Markets Inc. Credit Suisse Securities (USA) LLC Deutsche Bank Securities Inc. UBS Securities LLC J.P. Morgan Securities LLC U.S. Bancorp Investments, Inc. RBC Capital Markets, LLC Goldman, Sachs & Co. Morgan Stanley & Co. LLC Morgan Joseph TriArtisan LLC Credit Agricole Securities (USA) Inc. |
|
Use of Proceeds:
|
We intend to use the proceeds of this offering (i) to fund the Tender Offer for the Subject Notes, (ii) to pay fees and expenses related to this offering and (iii) for general corporate purposes. | |
Trade Date:
|
November 30, 2011 | |
Settlement Date:
|
December 14, 2011 (T+10) | |
Distribution:
|
SEC Registered (Registration No. 333-171526) | |
CUSIP/ISIN Numbers:
|
CUSIP: 1248EP AW3 | |
ISIN: US1248EPAW31 | ||
Listing:
|
None | |
Other:
|
Certain of the underwriters and their affiliates are acting as arrangers for the Term Loan A Financing referred to in the Preliminary Prospectus Supplement under Prospectus Supplement SummaryRecent Events and are expected to act as lenders for a portion of the new Term Loan A Financing. |