Filed Pursuant to Rule 433 under the Securities Act of 1933
Registration Statement No. 333-147809
Issuer Free Writing Prospectus, dated August 26, 2008
Final Term Sheet for 5.250% Notes due 2013
McCormick & Company, Incorporated
Issuer: |
McCormick & Company, Incorporated | |
Principal Amount: |
$250,000,000 | |
Type: |
SEC Registered, Registration No. 333-147809 | |
Maturity Date: |
September 1, 2013 | |
Coupon (Interest Rate): |
5.250% | |
Yield to Maturity: |
5.293% | |
Spread to Benchmark Treasury: |
Plus 223 basis points | |
Benchmark Treasury: |
UST 3.375% due 07/31/2013 | |
Benchmark Treasury Price and Yield: |
$101.13 1/4 - 3.063% | |
Interest Payment Dates: |
Semi-annually on March 1 and September 1, commencing on March 1, 2009 and ending on the Maturity Date | |
Make-Whole Call: |
Treasury Rate plus 35 basis points | |
Price to Public: |
99.814% | |
Net Proceeds to Issuer (before expenses): |
$249,535,000 | |
Settlement Date: |
September 3, 2008 | |
CUSIP: |
579780 AG2 | |
Joint Book-Running Managers: |
Banc of America Securities LLC BNP Paribas Securities Corp. | |
Co-Managers: |
SunTrust Robinson Humphrey, Inc. Wachovia 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 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, Banc of America Securities LLC and BNP Paribas Securities Corp. can arrange to send you the prospectus if you request it by calling or e-mailing Banc of America Securities LLC at 1-800-294-1322 or dg.prospectus_distribution@bofasecurities.com or BNP Paribas Securities Corp. at 1-800-854-5674.