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Gen Digital Inc. — Capital/Financing Update 2010
Sep 13, 2010
30336_rns_2010-09-13_67ad8c39-7b6d-4ef7-8713-3d9c118abbab.zip
Capital/Financing Update
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Filed Pursuant to Rule 433 Relating to Preliminary Prospectus Supplement dated September 13, 2010 Registration No. 333-169330
September 13, 2010
SYMANTEC CORPORATION Pricing Term Sheet
2.750% Senior Notes due 2015
| Issuer: | Symantec Corporation |
|---|---|
| Size: | $350,000,000 |
| Security Type: | Senior Notes |
| Maturity: | September 15, 2015 |
| Coupon: | 2.750% |
| Price per bond: | 99.935% of face amount |
| Ratings: | Baa2 by Moodys Investor Service, Inc. BBB by Standard & Poors Ratings Services |
| Yield to maturity: | 2.764% |
| Spread to Benchmark Treasury: | 125 bps |
| Benchmark Treasury: | 1.250% due August 31, 2015 |
| Benchmark Treasury Price and Yield: | 98-23 3/4 1.514% |
| Interest Payments: | Semi-annually on March 15 and September |
| 15, commencing March 15, 2011 | |
| Make-Whole Premium: | At any time at a discount rate of |
| Treasury plus 20 basis points | |
| Distribution Method: | Registered |
| Trade Date: | September 13, 2010 |
| Settlement: | T+3; September 16, 2010 |
| Joint Bookrunners: | J.P. Morgan Securities LLC Morgan Stanley & Co. Incorporated UBS Securities LLC |
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| Senior Co-Managers: | Banc of America Securities LLC Citigroup Global Markets, Inc. Credit Suisse Securities (USA) LLC Wells Fargo Securities, LLC |
|---|---|
| Co-Managers: | BNP Paribas Securities Corp. HSBC Securities (USA) Inc. Mizuho Securities USA Inc. |
| 4.200% Senior Notes due 2020 | |
| Issuer: | Symantec Corporation |
| Size: | $750,000,000 |
| Security Type: | Senior Notes |
| Maturity: | September 15, 2020 |
| Coupon: | 4.200% |
| Price per bond: | 99.612% of face amount |
| Ratings: | Baa2 by Moodys Investor Service, Inc. BBB by Standard & Poors Ratings Services |
| Yield to maturity: | 4.248% |
| Spread to Benchmark Treasury: | 150 bps |
| Benchmark Treasury: | 2.625% due August 15, 2020 |
| Benchmark Treasury Price and Yield: | 98-30 2.748% |
| Interest Payments: | Semi-annually on March 15 and September |
| 15, commencing March 15, 2011 | |
| Make-Whole Premium: | At any time at a discount rate of |
| Treasury plus 25 basis points | |
| Distribution Method: | Registered |
| Trade Date: | September 13, 2010 |
| Settlement: | T+3; September 16, 2010 |
| Joint Bookrunners: | J.P. Morgan Securities LLC Morgan Stanley & Co. Incorporated UBS Securities LLC |
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| Senior Co-Managers: | Banc of America Securities LLC Citigroup Global Markets, Inc. Credit Suisse Securities (USA) LLC Wells Fargo Securities, LLC |
|---|---|
| Co-Managers: | BNP Paribas Securities Corp. HSBC Securities (USA) Inc. Mizuho Securities USA Inc. |
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 and accompanying prospectus supplement) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement, the accompanying preliminary prospectus supplement 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 these documents upon request by contacting any of J.P. Morgan Securities Inc. collect on 212-834-4533, Morgan Stanley & Co. Incorporated toll-free on 866-718-1649 or UBS Securities LLC toll-free on 877-827-6444, ext 561-3884.
Any disclaimers or other notices that may appear below are not applicable to this communication and should be disregarded. Such disclaimers or other notices were automatically generated as a result of this communication being sent via Bloomberg or another email system.
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