- Free Writing Prospectus - Filing under Securities Act Rules 163/433 (FWP)
March 08 2012 - 4:15PM
Edgar (US Regulatory)
Issuer Free Writing Prospectus
Filed Pursuant to Rule 433
Registration Statement No. 333-169327
March 8, 2012
BE Aerospace, Inc.
Pricing Term Sheet
$500,000,000 5.250% Senior Notes due 2022
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Issuer:
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BE Aerospace, Inc.
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Security Description:
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Senior Notes
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Distribution:
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SEC Registered
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Face:
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$500,000,000
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Gross Proceeds:
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$500,000,000
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Net Proceeds to Issuer
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(before expenses):
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$491,250,000
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Coupon:
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5.250%
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Maturity:
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April 1, 2022
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Offering Price:
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100.000%
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Yield to Maturity:
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5.250%
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Spread to Treasury:
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+324 basis points
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Benchmark:
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UST 2.000% due February 15, 2022
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Interest Pay Dates:
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April 1 and October 1
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Beginning:
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October 1, 2012
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Equity Clawback:
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Up to 35% at 105.250%
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Until:
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April 1, 2015
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Optional redemption:
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Make-whole call @ T+50bps prior to April 1, 2017, then:
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On or after:
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Price:
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April 1, 2017
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102.625
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%
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April 1, 2018
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101.750
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%
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April 1, 2019
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100.875
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%
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April 1, 2020 and thereafter
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100.000
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%
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Change of control:
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Put @ 101% of principal plus accrued interest
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Trade Date:
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March 8, 2012
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Settlement Date:
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(T+3)
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March 13, 2012
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CUSIP:
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055381AS6
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ISIN:
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US055381AS68
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Denominations:
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$2,000 x $1,000
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Bookrunners:
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Credit Suisse Securities (USA) LLC
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J.P. Morgan Securities LLC
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Citigroup Global Markets, Inc.
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Goldman, Sachs & Co.
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UBS Securities LLC
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Co-Managers:
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Jefferies & Company, Inc.
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Morgan Stanley & Co. LLC
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RBC Capital Markets, LLC
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SunTrust Robinson Humphrey, Inc.
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Wells Fargo Securities, LLC
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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
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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 Credit Suisse Securities (USA) LLC toll-free at 1-800-221-1037, J.P. Morgan Securities LLC, toll-free at 1-800-245-8812, Citigroup Global Markets Inc. toll-free at 1-877-858-5407, Goldman, Sachs & Co. toll-free at 1-866-471-2526 or UBS Securities LLC toll-free at 1-877-827-6444, ext. 561 3884.
Any disclaimer or other notice that may appear below is not applicable to this communication and should be disregarded. Such disclaimer or notice was automatically generated as a result of this communication being sent by Bloomberg or another email system.
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