Bmc Software Inc - Free Writing Prospectus - Filing under Securities Act Rules 163/433 (FWP)
May 30 2008 - 6:31AM
Edgar (US Regulatory)
Issuer Free Writing Prospectus
Filed Pursuant to Rule 433
Registration No. 333-151231
BMC SOFTWARE, INC.
Final Term Sheet
May 29, 2008
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Issuer:
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BMC Software, Inc.
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Security Type:
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Senior unsecured notes
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Size:
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$300,000,000
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Maturity:
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June 1, 2018
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Coupon (Interest Rate):
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7.25%
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Price to Public (Issue Price):
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99.406%
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Yield to Maturity:
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7.335%
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Spread to Benchmark Treasury:
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+325 basis points
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Benchmark Treasury:
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U.S. Treasury 3.875% due May 15, 2018
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Benchmark Treasury Price and
Yield:
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98-09+; 4.085%
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Interest Payment Dates:
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June 1 and December 1 of each year, beginning on December 1,
2008
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Redemption Provision:
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In whole or in part, at any time, at the Issuer’s option, at
the greater of (i) 100% of principal amount or (ii) discounted
present value at the Treasury Rate plus 50 basis points
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Net Proceeds to Issuer (before
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$296,268,000
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deducting offering expenses):
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Capitalization Table Items as of
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Cash and cash equivalents: $830.4 million
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March 31, 2008 (as adjusted):
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Total long-term debt, including current portion: $312.1 million
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Total capitalization: $1,255.9 million
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Trade Date:
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May 29, 2008
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Settlement Date:
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June 4, 2008
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Ratings:
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Baa3 by Moody’s Investors Service, Inc. / BBB by Standard &
Poor’s Ratings Services
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Joint Book-Running Managers:
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Banc of America Securities LLC
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Credit Suisse Securities (USA) LLC
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Co-Managers:
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J.P. Morgan Securities Inc.
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Merrill Lynch, Pierce, Fenner & Smith Incorporated
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Morgan Stanley & Co. Incorporated
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UBS 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 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
Banc of America Securities LLC at 1-800-294-1322 or Credit Suisse Securities (USA) LLC collect at
212-325-2000.
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