Free Writing Prospectus Filed Pursuant to Rule 433
(Related to Preliminary Prospectus Supplement Dated June 4, 2009)
Registration No. 333-159688
(Related to Preliminary Prospectus Supplement Dated June 4, 2009)
Registration No. 333-159688
HARRIS CORPORATION
FINAL TERM SHEET
FINAL TERM SHEET
Dated: June 4, 2009
Issuer: | Harris Corporation | |
Size: | $350,000,000 | |
Maturity: | June 15, 2019 | |
Coupon (Interest Rate): | 6.375% | |
Yield to Maturity: | 6.417% | |
Spread to Benchmark Treasury: | T + 275 basis points | |
Benchmark Treasury: | 3.125% due May 15, 2019 | |
Benchmark Treasury Price: | 95-16+ | |
Benchmark Treasury Yield | 3.667% | |
Interest Payment Dates: | June 15 and December 15, commencing on | |
December 15, 2009 | ||
Make-Whole Call: | Treasury Rate plus 37.5 basis points | |
Price to Public: | 99.691% | |
Use of Proceeds: | We will use the net proceeds from the sale | |
of the notes for repayment of a portion of | ||
the outstanding indebtedness under our | ||
commercial paper program recently incurred | ||
in connection with our acquisition of the | ||
Tyco Electronics Wireless Systems business. | ||
Settlement Date: | June 9, 2009 | |
Ratings: | Moody’s Investors Service, Inc.: Baa1 | |
(stable outlook) | ||
Standard & Poor’s Ratings Services: BBB+ | ||
(stable outlook) | ||
CUSIP: | 413875 AL9 | |
Joint Book-Running Managers: | Citigroup Global Markets Inc. | |
Morgan Stanley & Co. Incorporated | ||
Co-Managers: | Banc of America Securities LLC | |
HSBC Securities (USA) Inc. | ||
J.P. Morgan Securities Inc. | ||
SunTrust Robinson Humphrey, 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.
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 Web site atwww.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it from either Morgan Stanley & Co. Incorporated by calling toll-free 1-866-718-1649 or Citigroup Global Markets Inc. by calling toll-free 1-877-858-5407.