Filed Pursuant to Rule 433
Registration No. 333-166755
February 28, 2012
Burlington Northern Santa Fe, LLC
$625,000,000 3.05% Debentures due 2022
$625,000,000 4.40% Debentures due 2042
Final Term Sheet
| Issuer: | Burlington Northern Santa Fe, LLC | |
| Ratings*: | A3/BBB+ (Stable/Stable) (Moody’s/S&P) | |
| Note Type: | Senior Unsecured Debentures | |
| Offering Format: | SEC Registered | |
| Trade Date: | February 28, 2012 | |
| Settlement Date: | March 2, 2012 (T+3) | |
| Maturity Date: | 2022 Debentures - March 15, 2022 | |
| 2042 Debentures - March 15, 2042 | ||
| Final Terms | ||
| Principal Amount: | $1,250,000,000 (including $625,000,000 aggregate principal amount of the 3.05% Debentures due 2022 (“2022 Debentures”) and $625,000,000 aggregate principal amount of the 4.40% Debentures due 2042 (“2042 Debentures”)) | |
| Benchmark: | 2022 Debentures - UST 2.000% due February 15, 2022 | |
| 2042 Debentures - UST 3.125% due November 15, 2041 | ||
| Benchmark Yield: | 2022 Debentures - 1.929% | |
| 2042 Debentures - 3.050% | ||
| Re-offer Spread: | 2022 Debentures - T + 115 bps | |
| 2042 Debentures - T + 137.5 bps | ||
| Re-offer Yield: | 2022 Debentures - 3.079% | |
| 2042 Debentures - 4.425% | ||
| Coupon: | 2022 Debentures - 3.05% | |
| 2042 Debentures - 4.40% | ||
| Price to Public: | 2022 Debentures - 99.750% | |
| 2042 Debentures - 99.585% | ||
| Coupon Dates: | 2022 Debentures - March 15 and September 15 | |
| 2042 Debentures - March 15 and September 15 | ||
| First Coupon Date: | 2022 Debentures - September 15, 2012 | |
| 2042 Debentures - September 15, 2012 | ||
| Make Whole Call: | 2022 Debentures - T + 20 bps (at any time before December 15, 2021) | |
| 2042 Debentures - T + 20 bps (at any time before September 15, 2041) | ||
| Par Call: | 2022 Debentures - At any time on or after December 15, 2021 | |
| 2042 Debentures - At any time on or after September 15, 2041 | ||
Day Count Convention: | 30/360 | |
| Denomination: | $2,000 x $1,000 | |
| CUSIP / ISIN: | 2022 Debentures - 12189L AH4 / US12189LAH42 | |
| 2042 Debentures - 12189L AJ0 / US12189LAJ08 | ||
| Bookrunners: | J.P. Morgan Securities LLC | |
| Morgan Stanley & Co. LLC | ||
| Wells Fargo Securities, LLC | ||
| Co-Managers: | BMO Capital Markets Corp. | |
| U.S. Bancorp Investments, Inc. | ||
* 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 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, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling J.P. Morgan Securities LLC collect at 1 (212) 834-4533, or calling Morgan Stanley & Co. LLC at (866) 718-1649 or calling or emailing Wells Fargo Securities, LLC toll free at 1 (800) 326-5897 or cmclientsupport@wellsfargo.com.
