Harsco Corp - Free Writing Prospectus - Filing under Securities Act Rules 163/433 (FWP)
May 12 2008 - 5:20PM
Edgar (US Regulatory)
Free Writing Prospectus
Filed pursuant to Rule 433
Registration Statement No. 333-150825
May 12, 2008
HARSCO CORPORATION
Pricing Term Sheet
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Issuer:
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Harsco Corporation
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Title:
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5.75% Senior Notes due 2018
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Size:
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US$450,000,000
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Maturity:
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May 15, 2018
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Coupon:
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5.75%
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Price:
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99.895% of face amount
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Yield to maturity:
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5.764%
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Spread to Benchmark Treasury:
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200bps
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Benchmark Treasury:
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3.875% due 5/15/2018
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Benchmark Treasury Price and Yield:
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100-29+ / 3.764%
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Interest Payment Dates:
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May 15 and November 15, commencing on
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November 15, 2008
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Underwriting discount:
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0.650%
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Net Proceeds to Issuer:
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$446,602,500
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Redemption Provisions:
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At any time for an amount equal to the
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greater of par or make-whole at
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Treasury Rate plus 30bps as set forth
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in the Preliminary Prospectus
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Supplement dated May 12, 2008.
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Settlement:
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May 15, 2008 (T+3)
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Use of Proceeds:
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To repay approximately $286 million of the
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amount outstanding under the Issuers
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U.S. commercial paper program and
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approximately $160 million of the amount
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outstanding under the Issuers Euro
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commercial paper program and for other
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general corporate purposes.
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CUSIP:
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415864AJ6
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ISIN:
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US415864AJ61
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Long-term Debt Ratings:
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A3/A-/A-
(stable/stable/stable)
*
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Joint Book-Running Managers
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J.P. Morgan Securities Inc.
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Citigroup Global Markets Inc.
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Greenwich Capital Markets, Inc.
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*
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.
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
J.P. Morgan Securities Inc. at 1-212-834-4533 or calling Citigroup Global Markets Inc. toll-free
at 1-877-858-5407 or calling Greenwich Capital Markets, Inc. toll-free at 1-866-884-2071 or
e-mailing at offeringmaterials@rbsgc.com.
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