Filed Pursuant to Rule 433
Registration No. 333-115405
$125,000,000 5.550% Senior Notes Due December 1, 2036
Final Terms and Conditions
Issuer: | Wisconsin Public Service Corporation | |
Issue Format: | SEC Registered | |
Ratings: | Aa2/A+ (Negative Credit Watch / Negative Credit Watch) | |
Note Type: | Fallaway First Mortgage Bonds | |
Total Principal Amount: | $125,000,000 | |
Pricing Date: | November 27, 2006 | |
Settlement Date: | December 1, 2006 | |
Maturity Date: | December 1, 2036 | |
Interest Payment Dates: | Each June 1stand December 1st, commencing on June 1, 2007 | |
Reference Benchmark: | UST 4.500% due 2/2036 | |
Benchmark Price: | 97-24+ | |
Benchmark Yield: | 4.640% | |
Re-offer Spread: | T + 95 bps | |
Re-offer Yield: | 5.590% | |
Coupon: | 5.550 semi-annual | |
Re-offer / Issue Price: | 99.421% | |
Make-Whole Call: | T + 15 bps | |
Minimum Denominations: | 1,000 x 1,000 | |
Use of Proceeds: | General Corporate Purposes | |
CUSIP: | 976843BE1 | |
Joint Bookrunners: | UBS Investment Bank, Wachovia Securities | |
Co-Managers: | Wedbush Morgan, BMO Capital Markets, Williams Capital |
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’s Website atwww.sec.gov. Alternatively, the issuer, any underwriter or dealer participating in the offering will arrange to send you the prospectus if you request it by calling UBS Investment Bank toll-free at 1-888-722-9555, ext 1088 or through your usual contact at UBS Securities LLC