Filed Pursuant to Rule 433
Registration No. 333-155725
Air Products and Chemicals, Inc
FINAL TERM SHEET
August 18, 2009
4.375% Senior Notes Due 2019
| |
|
|
|
|
Issuer: |
|
Air Products and Chemicals, Inc. |
|
|
|
|
|
Principal Amount: |
|
$
400,000,000 |
|
|
|
|
|
Expected Ratings: |
|
A2/A (Stable/Stable) |
|
|
|
|
|
Trade Date: |
|
August 18, 2009 |
|
|
|
|
|
Settlement Date (T+3): |
|
August 21, 2009 |
|
|
|
|
|
Final Maturity Date: |
|
August 21, 2019 |
|
|
|
|
|
Interest Payment Dates: |
|
February 21 and August 21 |
|
|
|
|
|
First Interest Payment Date: |
|
February 21, 2010 |
|
|
|
|
|
Call Provisions: |
|
Redeemable at any time at an amount equal |
|
|
to the principal amount plus a make whole |
|
|
premium, using a discount rate of |
|
|
Treasury plus 15 bps |
|
|
|
|
|
Coupon: |
|
4.375% |
|
|
|
|
|
Re-offer Spread to Benchmark |
|
+88 bps |
Treasury: |
|
|
|
|
|
|
|
|
|
Benchmark Treasury, Yield and |
|
3.625% due August 2019, 3.504%, 101.00+ |
Price: |
|
|
|
|
|
|
|
|
|
Yield to Maturity: |
|
4.384% |
|
|
|
|
|
Price to Public: |
|
99.928% |
|
|
|
|
|
CUSIP/ISIN: |
|
009158 AP1 / US009158AP10 |
Joint Book-Running Managers: BNP Paribas Securities Corp., HSBC Securities (USA) Inc., RBS
Securities Inc.
Co-managers: Banca IMI S.p.A., Mitsubishi UFJ Securities (USA), Inc., Santander Investment
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.
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:
BNP Paribas Securities Corp. 1-800-854-5674 (toll free)
HSBC Securities (USA) Inc. 1-866-811-8049 (toll free)
RBS Securities Inc. 1-866-884-2071 (toll free)
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.
2