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FWP Filing
Commercial Metals (CMC) FWPFree writing prospectus
Filed: 12 Jul 07, 12:00am
Issuer Free Writing Prospectus |
Filed Pursuant to Rule 433 |
Registration Statement No. |
333-144500 |
July 12, 2007 |
Issuer: | Commercial Metals Company | |
Security Type: | Senior Unsecured Note | |
Ratings: | Baa2 (Moody’s) / BBB (Standard & Poor’s) | |
Par Amount: | $400,000,000.00 | |
Trade Date: | July 12, 2007 | |
Settlement Date: | July 17, 2007 | |
Maturity: | July 15, 2017 | |
Coupon (Interest Rate): | 6.500% | |
Interest Payment Dates: | January 15 and July 15 of each year, beginning on January 15, 2008 | |
Price to Public: | 99.906% | |
Yield to Maturity: | 6.513% | |
Benchmark Treasury: | UST 4.500% 05/15/17 | |
Spread to Benchmark Treasury: | T + 140 bps | |
Benchmark Treasury Price and Yield: | 95-09+; 5.113% | |
Make Whole Call: | T + 20 bps | |
Change of Control Offer: | At 101% upon occurrence of Change of Control Triggering Event | |
Joint Book-Running Managers: | Banc of America Securities LLC | |
ABN AMRO Incorporated | ||
Sr. Co-Managers | BNP Paribas Securities Corp. | |
HSBC Securities (USA) Inc. | ||
J.P. Morgan Securities Inc. | ||
Scotia Capital (USA) Inc. | ||
Co-Managers | BMO Capital Markets Corp. | |
Fortis Securities LLC | ||
Lazard Capital Markets LLC | ||
Wells Fargo Securities, LLC |