-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, QTf7mhxdB4+xQhg8Z1XraNwp5pkf9/T2Ht7L/75gzarOA/WY0Y/2B/RwVqT+0sFC wqZSGckopxDMgrDFa/chTA== 0001193125-08-237853.txt : 20081117 0001193125-08-237853.hdr.sgml : 20081117 20081117172256 ACCESSION NUMBER: 0001193125-08-237853 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20081117 DATE AS OF CHANGE: 20081117 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SEMPRA ENERGY CENTRAL INDEX KEY: 0001032208 STANDARD INDUSTRIAL CLASSIFICATION: GAS & OTHER SERVICES COMBINED [4932] IRS NUMBER: 330732627 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-103588 FILM NUMBER: 081196376 BUSINESS ADDRESS: STREET 1: 101 ASH STREET STREET 2: P O BOX 129400 CITY: SAN DIEGO STATE: CA ZIP: 92101 BUSINESS PHONE: 6196962000 MAIL ADDRESS: STREET 1: 101 ASH STREET STREET 2: P O BOX 129400 CITY: SAN DIEGO STATE: CA ZIP: 92101 FORMER COMPANY: FORMER CONFORMED NAME: MINERAL ENERGY CO DATE OF NAME CHANGE: 19970205 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SEMPRA ENERGY CENTRAL INDEX KEY: 0001032208 STANDARD INDUSTRIAL CLASSIFICATION: GAS & OTHER SERVICES COMBINED [4932] IRS NUMBER: 330732627 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 101 ASH STREET STREET 2: P O BOX 129400 CITY: SAN DIEGO STATE: CA ZIP: 92101 BUSINESS PHONE: 6196962000 MAIL ADDRESS: STREET 1: 101 ASH STREET STREET 2: P O BOX 129400 CITY: SAN DIEGO STATE: CA ZIP: 92101 FORMER COMPANY: FORMER CONFORMED NAME: MINERAL ENERGY CO DATE OF NAME CHANGE: 19970205 FWP 1 dfwp.htm FREE WRITING PROSPECTUS Free Writing Prospectus

Issuer Free Writing Prospectus

November 17, 2008

Filed Pursuant to Rule 433

Registration No. 333-103588

Final Term Sheet

Notes due 2013 and Notes due 2019

November 17, 2008

 

Introductory Note:

The Preliminary Prospectus Supplement of Sempra Energy dated November 17, 2008 relates to a series of Sempra Energy Notes due 2019. In addition to the Notes due 2019, Sempra Energy is offering a series of Notes due 2013. The Notes due 2013 and the Notes due 2019 will each constitute a separate series of securities under the Indenture. Except as set forth below, the terms of the Notes due 2013 will be identical to the terms of the Notes due 2019.

 

Issuer:

Sempra Energy

 

Security:

8.90% Notes due 2013
  9.80% Notes due 2019

 

Aggregate Principal Amount Offered:

$250,000,000 of Notes due 2013
  $500,000,000 of Notes due 2019

 

Interest Payment Dates:

May 15 and November 15, commencing May 15, 2009, for the Notes due 2013

 

  February 15 and August 15, commencing February 15, 2009, for the Notes due 2019

 

Coupon:

8.90% for the Notes due 2013
  9.80% for the Notes due 2019

 

Maturity:

November 15, 2013 for the Notes due 2013
  February 15, 2019 for the Notes due 2019

 

Yield to Maturity:

9.000% for the Notes due 2013
  9.875% for the Notes due 2019

 

Spread to Benchmark Treasury:

+ 670 basis points for the Notes due 2013
  + 618.9 basis points for the Notes due 2019

 

Benchmark Treasury:

2.750% due October 31, 2013 for the Notes due 2013
  3.750% due November 15, 2018 for the Notes due 2019

 

Benchmark Treasury Yield:

2.300% for the Notes due 2013
  3.686% for the Notes due 2019

Optional Redemption Provision:

At any time at a discount rate of Adjusted Treasury Rate +50 basis points

 

Price to Public:

99.608% for the Notes due 2013
  99.552% for the Notes due 2019

 

Settlement Date:

November 20, 2008 (T+3)

 

CUSIP:

816851AL3 for the Notes due 2013
  816851AK5 for the Notes due 2019

 

Anticipated Ratings:

Baa1 by Moody’s Investors Service; BBB+ by Standard & Poor’s Ratings Services and A by Fitch Ratings

 

Joint Book-Running Managers:

Banc of America Securities LLC
  Deutsche Bank Securities Inc.
  Goldman, Sachs & Co.
  Greenwich Capital Markets, Inc.

 

Co-Managers:

BBVA Securities Inc.
  Wedbush Morgan Securities Inc.

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. You may get these documents for free by visiting EDGAR on the SEC website 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 or e-mailing Banc of America Securities LLC at 1-800-294-1322 or dg.prospectus_distribution@bofasecurities.com, calling Deutsche Bank Securities Inc. at 1-800-503-4611, calling Goldman, Sachs & Co. at 1-800-471-2526 or calling Greenwich Capital Markets, Inc. at 1-866-884-2071.

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