Issuer:
|
Newell Rubbermaid Inc. | |
Note Type:
|
Senior Unsecured Notes | |
Offering Format:
|
SEC Registered | |
Size:
|
$300,000,000 | |
Denomination:
|
$2,000 x $1,000 | |
Maturity Date:
|
April 15, 2019 | |
Coupon:
|
10.60% | |
Interest Payment Dates:
|
April 15th and October 15th, commencing October 15, 2009 | |
Day Count Convention
|
30/360 | |
Price to Public:
|
97.592% | |
Benchmark Treasury:
|
UST 2.75% due February 15, 2019 | |
Benchmark Treasury Yield:
|
2.746% | |
Spread to Benchmark Treasury:
|
T + 825.4 bps | |
Yield:
|
11.00% | |
Make-Whole Call:
|
T + 50 bps | |
Expected Settlement Date:
|
March 31, 2009 | |
CUSIP:
|
651229AJ5 | |
Anticipated Ratings:
|
Baa3 (negative outlook) by Moodys Investors Service, Inc. | |
BBB- (negative outlook) by Standard & Poors Ratings Services |
||
BBB (negative outlook) by Fitch Inc. | ||
Joint Book-Running Managers:
|
J.P. Morgan Securities Inc., Banc of America Securities LLC | |
Co-Managers:
|
BNP Paribas Securities Corp., Barclays Capital Inc., Citigroup | |
Global Markets Inc., Mitsubishi UFJ Securities (USA), Inc., | ||
Goldman, Sachs & Co. |