Filed Pursuant To Rule 433
Dated October 1, 2008
Registration Statement No. 333-151911
WISCONSIN POWER AND LIGHT COMPANY
Final Term Sheet
Dated October 1, 2008
Issuer: | Wisconsin Power and Light Company | |
Size: | $250,000,000 | |
Security Type: | Debentures | |
Maturity Date: | October 1, 2038 | |
Interest Payment Dates: | April 1 and October 1, commencing April 1, 2009 | |
Coupon: | 7.60% | |
Price to Public | 98.264% | |
Yield to Maturity: | 7.75% | |
Benchmark Treasury: | 4.375% due February 15, 2038 | |
Benchmark Treasury Yield: | 4.251% | |
Spread to Benchmark Treasury: | 349.9 bps | |
Optional Redemption: | Make-whole call at T + 50 bps | |
Trade Date: | October 1, 2008 | |
Settlement Date: | October 6, 2008 (T+3) | |
CUSIP: | 976826 BF3 | |
Underwriters: | Joint Book-Running Managers Barclays Capital Inc. Citigroup Global Markets Inc. J.P. Morgan Securities Inc.
Co-Managers BNY Mellon Capital Markets, LLC Greenwich Capital Markets, Inc. Lazard Capital Markets LLC | |
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 that 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, you may request a copy of these documents from Barclays Capital Inc. by calling (888) 227-2275, Ext. 2663, from Citigroup Global Markets Inc. by calling (877) 858-5407 or from J.P. Morgan Securities Inc. by calling (212) 834-4533.
