Filed Pursuant To Rule 433
Dated June 10, 2010
Registration Statement No. 333-159478
INTERSTATE POWER AND LIGHT COMPANY
Final Term Sheet
Dated June 10, 2010
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Issuer: | | Interstate Power and Light Company |
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Size: | | $150,000,000 |
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Security Type: | | Senior Debentures |
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Maturity Date: | | June 15, 2015 |
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Interest Payment Dates: | | June 15 and December 15, commencing December 15, 2010 |
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Coupon: | | 3.30% |
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Price to Public: | | 99.694% |
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Yield to Maturity: | | 3.367% |
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Benchmark Treasury: | | 2.125% due May 31, 2015 |
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Benchmark Treasury Yield: | | 2.067% |
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Spread to Benchmark Treasury: | | + 130 bps |
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Optional Redemption – Reinvestment Rate: | | Make-whole call at T + 20 bps |
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Trade Date: | | June 10, 2010 |
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Settlement Date: | | June 15, 2010 (T+3) |
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CUSIP: | | 461070 AH7 |
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ISIN: | | US461070AH75 |
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Underwriters: | | Joint Book-Running Managers Barclays Capital Inc. J.P. Morgan Securities Inc. RBS Securities Inc. UBS Securities LLC BNY Mellon Capital Markets, 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 that 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, you may request a copy of these documents from Barclays Capital Inc. by calling 1-888-603-5847 or from J.P. Morgan Securities Inc. by calling 212-834-4533.