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SITE Centers Corp. — Capital/Financing Update 2013
Nov 21, 2013
32903_rns_2013-11-21_d99b95e0-13dc-47f5-900e-53972ac5962f.zip
Capital/Financing Update
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FWP 1 d629984dfwp.htm FWP FWP
Filed Pursuant to Rule 433
Dated November 21, 2013
Registration Statement No. 333-184221
Relating to
Preliminary Prospectus Supplement Dated November 21, 2013 to
Prospectus dated October 1, 2012
DDR Corp.
$300,000,000 3.500% Notes due 2021
Term sheet dated November 21, 2013
| Issuer: | DDR Corp. |
|---|---|
| Security: | 3.500% Notes due 2021 |
| Size: | $300,000,000 aggregate principal amount |
| Maturity Date: | January 15, 2021 |
| Interest Payment Dates: | January 15 and July 15, beginning July 15, 2014 |
| Benchmark Treasury: | 1.750% due October 31, 2020 |
| Benchmark Treasury Yield and Price: | 2.107%; 97-22+ |
| Yield to Maturity: | 3.607% |
| Spread to Benchmark Treasury: | T+150 basis points |
| Coupon (Interest Rate): | 3.500% per year |
| Price to Public: | 99.327% of principal amount, plus accrued interest, if any, from November 26, 2013 |
| Trade Date: | November 21, 2013 |
| Settlement Date: | T+3; November 26, 2013 |
| Redemption Provision: | Make whole call based on U.S. Treasury plus 25 basis points (0.25%); provided, that if redeemed 60 days or fewer prior to the maturity date, redeemed at par |
| CUSIP/ISIN: | 23317H AC6/US23317HAC60 |
| Expected Ratings (Moodys/S&P/Fitch): | Baa2/BBB-/BBB- (Stable / Stable / Stable) |
| Joint Book-Running Managers: | Citigroup Global Markets Inc. |
| Wells Fargo Securities, LLC | |
| U.S. Bancorp Investments, Inc. | |
| RBS Securities Inc. | |
| Scotia Capital (USA) Inc. | |
| Senior Co-Managers: | BNY Mellon Capital Markets, LLC |
| Capital One Securities, Inc. | |
| PNC Capital Markets LLC |
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| Co-Managers: |
|---|
| The Huntington Investment Company |
| Sandler ONeill & Partners, L.P. |
| SMBC Nikko Securities America, Inc. |
Ratings may be changed, suspended or withdrawn at any time and are not a recommendation to buy, hold or sell any security.
The Issuer has filed a registration statement (including a preliminary prospectus supplement and a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the preliminary prospectus supplement and 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 SECs Web site at www.sec.gov. Alternatively, the Issuer, any underwriter or any dealer participating in the offering will arrange to send you the preliminary prospectus supplement and the prospectus if you request it by calling Citigroup Global Markets Inc. toll-free at 1-800-831-9146, Wells Fargo Securities, LLC toll-free at 1-800-326-5897, U.S. Bancorp Investments, Inc. at 1-877-558-2607, RBS Securities Inc. toll-free at 1-866-884-2071 or Scotia Capital (USA) Inc. toll-free at 1-800-372-3930.
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