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ALLSTATE CORP — Capital/Financing Update 2018
Mar 26, 2018
29991_rns_2018-03-26_ebe7e9a0-f825-4701-a768-43e04658b52a.zip
Capital/Financing Update
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*FINAL TERM SHEET*
Filed Pursuant to Rule 433
Registration Statement No. 333-203757
Relating to
Preliminary Prospectus Supplement dated March 26, 2018 to
Prospectus dated April 30, 2015
*THE ALLSTATE CORPORATION*
*$500,000,000*
*$250,000,000 FLOATING RATE SENIOR NOTES DUE 2021*
*$250,000,000 FLOATING RATE SENIOR NOTES DUE 2023*
*FINAL TERM SHEET*
*Dated March 26, 2018*
| Issuer: | The Allstate Corporation |
|---|---|
| Security Type: | Senior Notes |
| Expected Ratings (Moodys/S&P)*: | A3 (Stable)/A- (Stable) |
| Format: | SEC Registered |
| Trade Date: | March 26, 2018 |
| Settlement Date: | March 29, 2018 (T+3) |
| Title: | 2021 Notes | 2023 Notes |
|---|---|---|
| Maturity Date: | March 29, 2021 | March 29, 2023 |
| Principal Amount: | $250,000,000 | $250,000,000 |
| Price to Public: | 100.000% of principal amount | 100.000% of principal amount |
| Interest Rate: | Three-month LIBOR plus 0.43% | Three-month LIBOR plus 0.63% |
| Interest Payment Dates: | Each March 29, June 29, September 29 and December 29 of each year, beginning on June 29, 2018 | Each March 29, June 29, September 29 and December 29 of each year, beginning on June 29, 2018 |
| Redemption: | The notes will not be redeemable prior to the maturity date | The notes will not be redeemable prior to the maturity date |
| CUSIP/ISIN: | 020002 BE0 / US020002BE09 | 020002 BF7 / US020002BF73 |
| Joint Book-Runners: | Merrill Lynch, Pierce, Fenner & Smith Incorporated J.P. Morgan Securities LLC Morgan Stanley & Co. LLC Wells Fargo Securities, LLC | Merrill Lynch, Pierce, Fenner & Smith Incorporated J.P. Morgan Securities LLC Morgan Stanley & Co. LLC Wells Fargo Securities, LLC |
| Co-Managers: | Barclays Capital Inc. Citigroup Global Markets Inc. Goldman Sachs & Co. LLC UBS Securities LLC | Barclays Capital Inc. Citigroup Global Markets Inc. Goldman Sachs & Co. LLC UBS Securities LLC |
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*** Note: An explanation of the significance of ratings may be obtained from the rating agencies. Generally, rating agencies base their ratings on such material and information, and such of their own investigations, studies and assumptions, as they deem appropriate. The ratings of the Floating Rate Senior Notes due 2021 and Floating Rate Senior Notes due 2023 should be evaluated independently from similar ratings of other securities. A credit rating of a security is not a recommendation to buy, sell or hold securities and may be subject to review, revision, suspension, reduction or withdrawal at any time by the assigning rating agency.
*The Allstate Corporation has filed a registration statement (including a prospectus and related prospectus supplement) with the U.S. Securities and Exchange Commission (the SEC) for the offering to which this communication relates. Before you invest, you should read the prospectus supplement and prospectus for this offering in that registration statement, and other documents that The Allstate Corporation has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by searching the SEC online database (EDGAR®) at www.sec.gov* . Alternatively, you may obtain a copy of the prospectus by calling J.P. Morgan Securities LLC collect at 1-212-834-4533; Merrill Lynch, Pierce, Fenner & Smith Incorporated toll-free at 1-800-294-1322; Morgan Stanley & Co. LLC toll-free at 1-866-718-1649; or Wells Fargo Securities, LLC toll-free at 1-800-645-3751.**
SEQ.=1,FOLIO='',FILE='C:\JMS\105192\18-8953-2\task8805465\8953-2-bg.htm',USER='105192',CD='Mar 27 02:39 2018'