Issuer Free Writing Prospectus Filed Pursuant to Rule 433 Registration Statement No. 333-144500 July 30, 2008 |
Issuer:
|
Commercial Metals Company | |
Security Type:
|
Senior Unsecured Notes | |
Ratings:
|
Baa2 (Moodys) / BBB (Standard & Poors) | |
Principal Amount:
|
$500,000,000.00 | |
Trade Date:
|
July 30, 2008 | |
Settlement Date:
|
August 4, 2008 | |
Maturity:
|
August 15, 2018 | |
Coupon (Interest Rate):
|
7.350% | |
Interest Payment Dates:
|
February 15 and August 15 of each year, beginning on February 15, 2009 | |
Price to Public:
|
99.828% | |
Yield to Maturity:
|
7.374% | |
Benchmark Treasury:
|
UST 3.875% May 15, 2018 | |
Spread to Benchmark Treasury:
|
T + 335 bps | |
Benchmark Treasury Price and Yield:
|
98-25+; 4.024% | |
Make Whole Call:
|
T+50 bps | |
Change of Control Offer:
|
At 101% upon occurrence of Change of Control Triggering Event | |
Joint Book-Running Managers:
|
Banc of America Securities LLC J.P. Morgan Securities Inc. |
|
Co-Managers:
|
BMO Capital Markets Corp. BNP Paribas Securities Corp. Citigroup Global Markets Inc. Fortis Securities LLC Greenwich Capital Markets, Inc. HSBC Securities (USA) Inc. Lazard Capital Markets LLC Scotia Capital (USA) Inc. Wells Fargo Securities, LLC |