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MASCO CORP /DE/ — Capital/Financing Update 2006
Sep 29, 2006
30419_rns_2006-09-29_3280a99c-2fda-46c0-a7ee-30b46d8d979a.zip
Capital/Financing Update
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Filed Pursuant to Rule 433 Registration No. 333-100641
Term Sheet September 28, 2006
MASCO CORPORATION $1,000,000,000 6.125% NOTES DUE 2016
| ISSUER: | Masco Corporation |
|---|---|
| TITLE OF SECURITIES: | 6.125% Notes due 2016 |
| RATINGS: | Baa1 by Moodys Investors Service, |
| Inc and BBB+ by Standard & Poors | |
| Rating Services | |
| TRADE DATE: | September 28, 2006 |
| SETTLEMENT DATE (T+3): | October 3, 2006 |
| MATURITY DATE: | October 3, 2016 |
| AGGREGATE PRINCIPAL AMOUNT OFFERED: | $1,000,000,000 |
| PRICE TO PUBLIC (ISSUE PRICE): | 99.491% |
| BENCHMARK : | UST 4.875% due August 15, 2016 |
| BENCHMARK TREASURY YIELD : | 4.614% |
| SPREAD TO TREASURY: | 158 basis points |
| INTEREST RATE: | 6.125% per annum |
| INTEREST PAYMENT DATES: | Semi-annually on each April 3 and |
| October 3; commencing on April 3 , 2007 | |
| DENOMINATIONS: | $1,000 by $1,000 |
| OPTIONAL REDEMPTION: | Make-whole call at any time at the |
| greater of 100% of the principal | |
| amount of the notes being redeemed | |
| or discounted present value at the | |
| treasury rate plus 25 basis points | |
| JOINT BOOKRUNNERS: | Merrill Lynch, Pierce, Fenner & |
| Smith Incorporated, Citigroup Global | |
| Markets Inc. and J.P. Morgan | |
| Securities Inc. | |
| CO-MANAGERS: | Banc of America Securities LLC, BNP |
| Paribas Securities Corp., Comerica | |
| Securities, Inc., Daiwa Securities | |
| America Inc., KeyBanc Capital | |
| Markets, a division of McDonald | |
| Investments, Inc., Lazard Capital | |
| Markets LLC, RBC Capital Markets | |
| Corporation and SunTrust Capital | |
| Markets, Inc. | |
| CUSIP: | 574599BD7 |
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. 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 MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED TOLL-FREE AT 1-866-500-5408, CITIGROUP GLOBAL MARKETS INC. TOLL-FREE AT 1-877- 858-5407 OR J.P. MORGAN SECURITIES INC. AT 1-212-834-4533.
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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