AI assistant
JOHNSON & JOHNSON — Capital/Financing Update 2010
Aug 13, 2010
29750_rns_2010-08-13_d9f17bc9-e18b-489d-9c5b-9cd8c525f1be.zip
Capital/Financing Update
Open in viewerOpens in your device viewer
FWP 1 y86064afwp.htm FWP fwp PAGEBREAK
Filed Pursuant to Rule 433 Registration No. 333-149632 August 12, 2010
PRICING TERM SHEET
| 2.950% Notes due 2020 | |
|---|---|
| Issuer: | Johnson & Johnson |
| Security: | 2.950% Senior Unsecured Notes due 2020 |
| Size: | $550,000,000 |
| Maturity Date: | September 1, 2020 |
| Coupon: | 2.950% |
| Interest Payment Dates: | Paid semi-annually on March 1 and September 1, |
| commencing March 1, 2011 | |
| Price to Public: | 98.289% |
| Underwriting Discount: | 0.450% |
| Benchmark Treasury: | 3.500% due May 15, 2020 |
| Benchmark Treasury Price and Yield: | 106-20+, 2.720% |
| Spread to Benchmark Treasury: | +43 bps |
| Yield: | 3.150% |
| Make-Whole Call: | Treasury + 7.5 bps |
| Trade Date: | August 12, 2010 |
| Expected Settlement Date: | August 17, 2010 |
| Anticipated Ratings: | Aaa (stable) by Moodys Investors Service, Inc. AAA (stable) by Standard & Poors Ratings Services AAA (stable) by Fitch Ratings |
| CUSIP: | 478160 AW4 |
| Joint Book-Running Managers: | Citigroup Global Markets Inc. Goldman, Sachs & Co. J.P. Morgan Securities Inc. Banc of America Securities LLC Deutsche Bank Securities Inc. RBS Securities Inc. |
| Co-Managers: | BNP Paribas Securities Corp. HSBC Securities (USA) Inc. Mitsubishi UFJ Securities (USA), Inc. Williams Capital Group, L.P. |
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) with the SEC for the offering to which this communication relates. Before you invest, you should read 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.
Folio /Folio
PAGEBREAK
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 the prospectus if you request it by calling Citigroup Global Markets Inc. toll-free at 877-858-5407, Goldman, Sachs & Co. toll-free at 866-471-2526 or J.P. Morgan Securities Inc. collect at 212-834-4533
Folio /Folio