Free Writing Prospectus - Filing Under Securities Act Rules 163/433 (fwp)
October 14 2015 - 4:51PM
Edgar (US Regulatory)
Filed Pursuant to Rule 433
Dated October 14, 2015
Registration Statement No. 333-205059
Relating to
Preliminary Prospectus
Supplement Dated October 14, 2015 to
Prospectus dated June 18, 2015
DDR Corp.
Term sheet
dated October 14, 2015
$400,000,000 4.250% Notes due 2026
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Issuer: |
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DDR Corp. |
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Security: |
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4.250% Notes due 2026 |
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Size: |
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$400,000,000 aggregate principal amount |
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Maturity Date: |
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February 1, 2026 |
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Interest Payment Dates: |
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February 1 and August 1, beginning February 1, 2016 |
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Record Dates: |
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Fifteen calendar days prior to an interest payment date |
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Benchmark Treasury: |
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2.000% due August 15, 2025 |
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Benchmark Treasury Yield and Price: |
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1.986%; 100-04 |
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Yield to Maturity: |
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4.361% |
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Spread to Benchmark Treasury: |
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T+237.5 basis points |
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Coupon (Interest Rate): |
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4.250% per year |
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Price to Public: |
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99.094% of principal amount, plus accrued interest, if any, from October 21, 2015 |
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Trade Date: |
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October 14, 2015 |
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Settlement Date: |
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T+5; October 21, 2015 |
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Redemption Provision: |
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Make whole call based on U.S. Treasury plus 40 basis points (0.40%); provided, that if redeemed on or after November 1, 2025, redeemed at par |
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CUSIP/ISIN: |
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23317H AE2/US23317HAE27 |
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Expected Ratings (Moodys/S&P/Fitch): |
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Baa2/BBB-/BBB- (Stable / Stable / Stable) |
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Joint Book-Running Managers: |
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Citigroup Global Markets Inc. |
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J.P. Morgan Securities LLC |
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UBS Securities LLC |
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RBC Capital Markets, LLC |
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Scotia Capital (USA) Inc. |
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Senior Co-Managers: |
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BNY Mellon Capital Markets, LLC |
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Capital One Securities, Inc. |
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KeyBanc Capital Markets Inc. |
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Regions Securities LLC |
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U.S. Bancorp Investments, Inc. |
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Co-Managers: |
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The Huntington Investment Company |
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FTN Financial Securities Corp. |
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SMBC Nikko Securities America, Inc. |
Ratings may be changed, suspended or withdrawn at any time and are not a recommendation to buy, hold or sell any security.
The Issuer has filed a registration statement (including a preliminary prospectus supplement and a prospectus) with the SEC for the offering to
which this communication relates. Before you invest, you should read the preliminary prospectus supplement and 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 SECs Web site at www.sec.gov. Alternatively, the Issuer, any underwriter or any dealer participating in the offering will arrange to send you the
preliminary prospectus supplement and the prospectus if you request it by calling Citigroup Global Markets Inc. toll-free at 1-800-831-9146, J.P. Morgan Securities LLC collect at 1-212-834-4533 or UBS Securities LLC toll-free at 1-888-827-7275.
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