Issuer Free Writing Prospectus Filed Pursuant to Rule 433
supplementing the
Preliminary Prospectus Supplement dated December 13, 2006
RegistrationNo. 333-133925
Pricing Term Sheet
December 13, 2006
Issuer: | MGM MIRAGE | |
Size: | $750,000,000 | |
Description: | Senior Notes | |
Maturity: | January 15, 2017 | |
Coupon: | 7.625% | |
Public Offering Price: | 100% of face amount, plus accrued interest, if any | |
Net Proceeds: | $747,562,500 (before transaction expenses) | |
Yield: | 7.625% | |
Interest Payment Dates: | January 15 and July 15 commencing July 15, 2007 | |
Redemption Provisions: | Make-whole call at the Adjusted Treasury Rate plus 50 basis points | |
Settlement date: | December 21, 2006 (T+6) | |
CUSIP: | 552953 BB 6 | |
Ratings: | Ba2 by Moody’s Investors Service, Inc., BB by Standard & Poor’s Ratings Services | |
Bookrunners: | Barclays Capital, BNP PARIBAS, Wachovia Securities, UBS Investment Bank | |
Co-managers: | Citigroup, Commerzbank Corporates & Markets, Daiwa Securities America Inc., Deutsche Bank Securities, Jefferies & Company, JPMorgan, RBS Greenwich Capital |
Underwriter | Principal Amount | |||
Allocation: | Barclays Capital Inc. | $120,000,000 | ||
BNP Paribas Securities Corp. | 120,000,000 | |||
Wachovia Capital Markets, LLC | 120,000,000 | |||
UBS Securities LLC | 120,000,000 | |||
Greenwich Capital Markets, Inc. | 60,000,000 | |||
Citigroup Global Markets Inc. | 45,000,000 | |||
Deutsche Bank Securities Inc. | 45,000,000 | |||
J.P. Morgan Securities Inc. | 45,000,000 | |||
Commerzbank Capital Markets Corp. | 30,000,000 | |||
Daiwa Securities America Inc. | 30,000,000 | |||
Jefferies & Company, Inc. | 15,000,000 | |||
Total | $750,000,000 | |||
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, Barclays Capital Inc., an underwriter, will arrange to send you the prospectus if you request it by calling toll free888-227-2275 Ext. 5576.