Filed Pursuant to Rule 433
Registration Statement No. 333-181669
Pricing Term Sheet
January 9, 2014
2.750% Global Notes due January 14, 2019
SEC Registered Global
Anticipated Security Ratings:
Baa1 (Moody’s Investors Service) / BBB+ (Standard & Poor’s) / A- (Fitch Ratings)
January 9, 2014
January 14, 2014
January 14, 2019
Aggregate Principal Amount Offered:
Price to Public (Issue Price):
UST 1.500% due December 31, 2018
Spread to Benchmark:
+102 basis points
Interest Payment Dates:
Semi-annually on January 14 and July 14 of each year, beginning on July 14, 2014
Greater of Par or Make-Whole at Treasury Rate +20 basis points
$2,000 × $1,000
BNP Paribas Securities Corp.
RBS Securities Inc.
ANZ Securities, Inc.
Certain of the underwriters are not U.S. registered broker-dealers and, therefore, to the extent that they intend to effect any sales of the notes in the United States, they will do so through one or more U.S. registered broker-dealers as permitted by Financial Industry Regulatory Authority regulations.
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 Securities and Exchange Commission 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 Securities and Exchange Commission 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, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling (1) BNP Paribas Securities Corp. toll-free at 1-800-854-5674, (2) Merrill Lynch, Pierce, Fenner & Smith Incorporated toll free at 1-800-294-1322, (3) RBS Securities Inc. toll free at 1-866-884-2071 or (4) Wells Fargo Securities, LLC toll free at 1-800-326-5897.