Final Term Sheet
Filed pursuant to Rule 433
Dated May 13, 2008
Relating to
Prospectus Supplement dated May 13, 2008 to
Registration Statement No. 333-129069
THE EMPIRE DISTRICT ELECTRIC COMPANY
$90,000,000 First Mortgage Bonds, 6.375% Series due 2018
Issuer: | The Empire District Electric Company |
Principal Amount: | $90,000,000 |
CUSIP: | 291641BB3 |
Title of Securities: | First Mortgage Bonds, 6.375% Series due 2018 |
Trade Date: | May 13, 2008 |
Original Issue Date (Settlement Date): | May 16, 2008 (T+3) |
Maturity Date: | June 1, 2018 |
Benchmark Treasury: | 3.875% due May 15, 2018 |
Benchmark Treasury Price and Yield: | 99-25; 3.902% |
Spread to Benchmark Treasury: | +248 basis points |
Yield to Maturity: | 6.382% |
Interest Rate: | 6.375% per annum |
Public Offering Price: | 99.944% of the Principal Amount thereof |
Interest Payment Dates: | Semi-annually in arrears on each June 1 and December 1, commencing December 1, 2008 |
Optimal Redemption: | Make-whole call at the Adjusted Treasury Rate plus 37.5 basis points |
Sole Book-Running Lead Manager: | UBS Securities 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 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, the issuer, the underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling UBS Securities LLC at 1-877-827-6444 ext 561 3884.
Any disclaimers or other notices that may appear below are not applicable to this communication and should be disregarded. Such disclaimers or other notices were automatically generated as a result of this communication being sent via Bloomberg or another email system.