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FWP Filing
Lennox International (LII) FWPFree writing prospectus
Filed: 3 May 10, 12:00am
Issuer: | Lennox International Inc. | |
Guarantors: | Lennox Industries Inc. Allied Air Enterprises Inc. Service Experts LLC Lennox Global Ltd. | |
Size: | $200,000,000 | |
Maturity: | May 15, 2017 | |
Coupon (Interest Rate): | 4.900% | |
Price: | 99.922% of face amount | |
Yield to maturity: | 4.913% | |
Spread to Benchmark Treasury: | 1.75% | |
Benchmark Treasury: | 3.125% due 04/30/2017 | |
Benchmark Treasury Spot and Yield: | 99–24+ 3.163% | |
Interest Payment Dates: | May 15 and November 15, commencing November 15, 2010 | |
Make-whole call: | At any time at a discount rate of Treasury plus 25 basis points | |
Settlement: | T+3; May 6, 2010 | |
CUSIP/ISIN: | 526107AC1 / US526107AC10 | |
Ratings: | Baa3 (stable) by Moody’s Investors Service, Inc./ BBB- (stable) by Standard & Poor’s Ratings Services | |
Joint Book-Running Managers: | J.P. Morgan Securities Inc. Wells Fargo Securities, LLC | |
Senior Co-Managers: | Banc of America Securities LLC Morgan Stanley & Co. Incorporated | |
Co-Managers: | BBVA Securities Inc. SunTrust Robinson Humphrey, Inc. UBS Securities LLC U.S. Bancorp Investments, Inc. |
* | 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. |