Free Writing Prospectus
Filed pursuant to Rule 433
February 15, 2011
Registration Statement No. 333- 170322 and
Relating to
Preliminary Prospectus Supplement dated February 15, 2011 to
Prospectus dated November 8, 2010
COCA-COLA ENTERPRISES, INC.
FINAL TERM SHEET
Dated February 15, 2011
$300,000,000 4.500% NOTES DUE 2021
$100,000,000 FLOATING RATE NOTES DUE 2014
4.500% Notes Due 2021
Name of Issuer: Coca-Cola Enterprises, Inc.
Title of Securities: 4.500% Notes Due 2021
Principal Amount Offered Hereby: $300,000,000 of Notes
Coupon: 4.500% per year for Notes
Yield to Maturity: 4.540%
Spread to Benchmark Treasury: T + 93 basis points
Benchmark Treasury: 3.625% due February 15, 2021
Benchmark Treasury Price and Yield: 100-4; 3.610%
Stated Maturity Date: September 1, 2021
Optional Redemption Provisions/Make-Whole Call: At any time prior to June 1, 2021, at the option of the Company, all or a portion of the Notes may be redeemed at any time, or from time to time, on no less than 30 nor more than 60 days’ notice mailed to holders thereof, at a redemption price equal to the greater of (a) 100% of the principal amount of the Notes to be redeemed and (b) the sum of the present values of the remaining scheduled payments discounted to the redemption date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate plus 0.150% (15 basis points), plus accrued and unpaid interest, if any, on the principal amount being redeemed
to, but excluding, the redemption date, as more fully described in the preliminary prospectus supplement. In addition, at any time on or after June 1, 2021 (three months prior to the maturity date), the Notes will be redeemable as a whole or in part, at the option of the Company, at a redemption price equal to 100% of the principal amount of the Notes to be redeemed plus accrued and unpaid interest on the Notes to be redeemed to the date of redemption.
Public Offering Price: 99.666%, plus accrued interest from February 18, 2011, if any
Interest Payment Dates: Each March 1 and September 1, beginning September 1, 2011
Purchase Price by Underwriters: 99.216%, plus accrued interest from February 18, 2011, if any
Trade Date: February 15, 2011
Settlement Date: February 18, 2011
CUSIP / ISIN: 19122TAB5 / US19122TAB52
| Expected Ratings: | A3 (stable outlook) by Moody’s Investors Service, Inc. BBB (stable outlook) by Standard & Poor’s Ratings Services BBB+ (stable outlook) by Fitch, Inc. |
| Joint Book-Running Managers: BNP Paribas Securities Corp., Citigroup Global Markets Inc., Deutsche Bank Securities Inc., and Merrill Lynch, Pierce, Fenner & Smith Incorporated | ||
Floating Rate Notes Due 2014
In addition to the notes described in the preliminary prospectus supplement dated February 15, 2011, the issuer is also issuing a series of Floating Rate Notes due 2014. Please see the preliminary prospectus supplement dated February 15, 2011 and the accompanying prospectus dated November 8, 2010 for additional information. Certain of the terms of the floating rate notes are described below.
Name of Issuer: Coca-Cola Enterprises, Inc.
Title of Securities: Floating Rate Notes Due 2014
Principal Amount Offered Hereby: $100,000,000 of Notes
Interest Rate Basis: Three-Month USD LIBOR, reset quarterly
Spread: Plus 30 basis points
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Initial Interest Rate and Determination Date: Three-Month USD LIBOR determined as of two London Business Days prior to the Settlement Date plus 30 basis points
Stated Maturity Date: February 18, 2014
Public Offering Price: 100%, plus accrued interest from February 18, 2011, if any
Interest Payment Dates and Interest Reset Dates: Each February 18, May 18, August 18 and November 18, beginning May 18, 2011
Interest Determination Dates: second London Business Day immediately preceding the applicable Interest Reset Date
Record Dates: February 16, May 16, August 16 and November 16
Day Count Convention: Actual/360
Purchase Price by Underwriters: 99.775%, plus accrued interest from February 18, 2011, if any
Trade Date: February 15, 2011
Settlement Date: February 18, 2011
CUSIP / ISIN: 19122TAC3 / US19122TAC36
| Expected Ratings: | A3 (stable outlook) by Moody’s Investors Service, Inc. BBB (stable outlook) by Standard & Poor’s Ratings Services BBB+ (stable outlook) by Fitch, Inc. |
| Calculation Agent: | Deutsche Bank Trust Company Americas | |
| Joint Book-Running Managers: BNP Paribas Securities Corp., Citigroup Global Markets Inc., Deutsche Bank Securities Inc. and Merrill Lynch, Pierce, Fenner & Smith Incorporated | ||
Ratings may be changed, suspended or withdrawn at any time and are not a recommendation to buy, hold or sell any security.
The issuer has filed a registration statement (including a prospectus and a preliminary prospectus supplement) with the Securities and Exchange Commission (“SEC”) for the offering to which this communication relates. Before you invest, you should read the prospectus and the preliminary prospectus supplement in that registration statement and other documents the issuer has filed with the SEC for more complete information about the
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issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in this offering will arrange to send you the prospectus and the preliminary prospectus supplement if you request it by calling BNP Paribas Securities Corp., toll-free at 1-800-854-5674, Citigroup Global Markets Inc., toll-free at 1-877-858-5407, Deutsche Bank Securities Inc. toll-free at 1-800-503-4611 or Merrill Lynch, Pierce, Fenner & Smith Incorporated, toll-free at 1-800-294-1322.
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