Prospectus • Feb 15, 2008
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Download Source File424B7 1 c23941b7e424b7.htm SUPPLEMENT NO.3 e424b7 PAGEBREAK
SUPPLEMENT NO. 3 (To Prospectus Dated August 27, 2007) Filed Pursuant to Rule 424(b)(7) File No. 333-145733
Archer-Daniels-Midland Company
$1,150,000,000 0.875% Convertible Senior Notes due 2014
This Supplement No. 3 supplements our prospectus dated August 27, 2007 relating to the resale from time to time by certain selling securityholders of up to $1,150,000,000 principal amount of 0.875% Convertible Senior Notes due 2014 (the notes) and the shares of common stock issuable upon conversion of the notes. You should read this Supplement No. 3 in conjunction with the prospectus. This Supplement No. 3 is qualified by reference to the prospectus, except to the extent that the information in this Supplement No. 3 supersedes that information.
The information appearing under the heading Selling Securityholders in the prospectus is hereby amended by the addition or substitution, as applicable, of the following information:
| Number of Shares | |||
|---|---|---|---|
| of Common Stock | |||
| Principal Amount | |||
| of Notes | |||
| Beneficially | |||
| Owned and | Beneficially | Offered | |
| Name | Offered Hereby | Owned (1) | Hereby (2) |
| Banc of America Securities LLC (3) | $ 1,000,000 | 22,834.30 | 22,834.30 |
| Citigroup Global Markets Inc. (3) | 1,000,000 | 316,904.30 | 22,834.30 |
| Credit Suisse Securities (USA) LLC (3) | 3,500,000 | 79,920.05 | 79,920.05 |
| DBAG London (4) | 400,000 | 9,133.72 | 9,133.72 |
| Deutsche Bank Securities Inc. (3) | 10,250,000 | 234,051.58 | 234,051.58 |
| Lehman Brothers Inc. (3) | 1,000,000 | 22,834.30 | 22,834.30 |
| Lydian Global Opportunities Master Fund L.T.D. (5) | 20,000,000 | 456,686.00 | 456,686.00 |
| Lydian Overseas Partners Master Fund L.T.D. (5) | 56,500,000 | 1,290,137.95 | 1,290,137.95 |
| MPC Global Convertible Fund | 800,000 | 18,267.44 | 18,267.44 |
| Rolex SA | 10,000,000 | 228,343.00 | 228,343.00 |
| Thrivent Diversified Income Plus Fund (4)(6) | 600,000 | 13,700.58 | 13,700.58 |
| Thrivent Diversified Income Plus Portfolio (4)(6) | 400,000 | 9,133.72 | 9,133.72 |
| Thrivent Financial for Lutherans (4)(6) | 8,500,000 | 194,091.55 | 194,091.55 |
| UBS Securities LLC (3) | 2,420,000 | 55,259.01 | 55,259.01 |
| (1) | Assumes for each $1,000 in principal amount of the notes a maximum of
22.8343 shares of common stock could be issued upon conversion. This
conversion rate is subject to adjustment, however, as described in the
prospectus under Description of the NotesAdjustment to Conversion
Rate. As a result, the maximum number of shares of our common stock
issuable upon conversion of the notes may increase or decrease in the
future. |
| --- | --- |
| (2) | Represents the maximum number of shares of our common stock issuable
upon conversion of all of the holders notes, based on the initial
conversion rate of 22.8343 shares of our common stock per $1,000
principal amount at maturity of the notes. This conversion rate is
subject to adjustment, however, as described in the prospectus under
Description of the NotesAdjustment to Conversion Rate. As a
result, the maximum number of shares of our common stock issuable upon
conversion of the notes may increase or decrease in the future. |
| (3) | The selling securityholder is a broker-dealer. Certain broker-dealers
have acted in the past and may act in the future as underwriters or
initial purchasers of our securities. Banc of America Securities LLC,
Citigroup Global Markets Inc. and Deutsche Bank Securities Inc. were
all initial purchasers of the notes. |
| (4) | The selling securityholder is an affiliate of a broker-dealer. |
| (5) | David Friezo is the natural person who may exercise voting power and
investment control over this selling securityholders notes and common
stock issuable upon the conversion of the notes. |
| (6) | The board of directors of Thrivent Financial for Lutherans has
delegated investment authority to the Chief Investment Officer, with
authority to further subdelegate. |
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Based upon information provided by the selling securityholders, none of the selling securityholders nor any of their affiliates, officers, directors or principal equity holders has held any position or office or has had any material relationship with us within the past three years, other than as described in footnote 3. None of the selling securityholders listed above owned 1% or more of our outstanding common stock either before or after this offering.
Selling securityholders who are registered broker-dealers or affiliates of registered broker-dealers may be deemed to be underwriters within the meaning of the Securities Act. To our knowledge, no selling securityholder who is a registered broker-dealer or an affiliate of a registered broker-dealer received any securities as underwriting compensation.
Information concerning the selling securityholders may change from time to time and any changed information will be set forth in additional supplements to the prospectus if and when necessary. In addition, the conversion rate and, therefore, the number of shares of common stock issuable upon conversion of the notes, are subject to adjustment under certain circumstances.
See RISK FACTORS beginning on page 4 of the prospectus for information you should consider before buying any securities hereunder.
Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or passed upon the adequacy or accuracy of this supplement or the prospectus. Any representation made to the contrary is a criminal offense.
The date of this supplement is February 15, 2008.
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