fwp
Filed Pursuant to Rule 433
Registration Statement No. 333-166058
Dated August 5, 2010
(CNA LOGO)
CNA Financial Corporation
$500,000,000
5.875% SENIOR NOTES DUE 2020
     
Issuer:
  CNA Financial Corporation
 
   
Format:
  SEC Registered
 
   
Securities:
  5.875% Notes due 2020
 
   
Security Type:
  Senior Unsecured Fixed Rate Notes
 
   
Trade Date:
  August 5, 2010
 
   
Settlement Date:
  August 10, 2010 (T + 3)
 
   
Maturity Date:
  August 15, 2020
 
   
Principal Amount:
  $500,000,000
 
   
Price to Public:
  99.685% of principal amount
 
   
Spread to Treasury Benchmark:
  300 basis points
 
   
Treasury Benchmark:
  3.500% due May 15, 2020
 
   
Treasury Benchmark Yield:
  2.917%
 
   
Coupon:
  5.875%
 
   
Yield to Maturity:
  5.917%
 
   
Interest Payment Dates:
  Semi-annually on the 15th of each February and August, commencing on February 15th, 2011
 
   
Optional Redemption:
  Make-whole redemption at any time at a discount rate of US Treasury + 45 bps
 
   
CUSIP; ISIN:
  126117AQ3 ; US126117AQ37
 
   
Book-Running Managers:
  Banc of America Securities LLC
 
  Barclays Capital Inc.
 
  Citigroup Global Markets Inc.
 
  Morgan Stanley & Co. Incorporated
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 Book-Running Managers in the offering will arrange to send you the prospectus if you request it by contacting Banc of America Securities LLC toll-free at 1-800-294-1322, Barclays Capital Inc. toll-free at 1-888-603-5847, Citigroup Global Markets Inc. at 1-877-858-5407, or Morgan Stanley & Co. Incorporated by email at prospectus@morganstanley.com.