FWP

0001193125-16-620505.txt : 20160614 0001193125-16-620505.hdr.sgml : 20160614 20160614060149 ACCESSION NUMBER: 0001193125-16-620505 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20160614 DATE AS OF CHANGE: 20160614 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Victoria's Secret Direct Brand Management, LLC CENTRAL INDEX KEY: 0001476449 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-WOMEN'S CLOTHING STORES [5621] IRS NUMBER: 522450873 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-209236-08 FILM NUMBER: 161711961 BUSINESS ADDRESS: STREET 1: C/O LIMITED BRANDS, INC. STREET 2: THREE LIMITED PARKWAY CITY: COLUMBUS STATE: OH ZIP: 43230 BUSINESS PHONE: (614) 415-7000 MAIL ADDRESS: STREET 1: C/O LIMITED BRANDS, INC. STREET 2: THREE LIMITED PARKWAY CITY: COLUMBUS STATE: OH ZIP: 43230 FORMER COMPANY: FORMER CONFORMED NAME: Victorias Secret Direct Brand Management, LLC DATE OF NAME CHANGE: 20091109 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Victoria's Secret Direct Brand Management, LLC CENTRAL INDEX KEY: 0001476449 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-WOMEN'S CLOTHING STORES [5621] IRS NUMBER: 522450873 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: C/O LIMITED BRANDS, INC. STREET 2: THREE LIMITED PARKWAY CITY: COLUMBUS STATE: OH ZIP: 43230 BUSINESS PHONE: (614) 415-7000 MAIL ADDRESS: STREET 1: C/O LIMITED BRANDS, INC. STREET 2: THREE LIMITED PARKWAY CITY: COLUMBUS STATE: OH ZIP: 43230 FORMER COMPANY: FORMER CONFORMED NAME: Victorias Secret Direct Brand Management, LLC DATE OF NAME CHANGE: 20091109 FWP 1 d211302dfwp.htm FWP FWP


Free Writing Prospectus		Filed pursuant to Rule 433 under the Securities Act
(To the Preliminary Prospectus		Registration Statement No. 333-209236 and
Supplement dated June 13, 2016)		333-209236-01 through 333-209236-14

LOGO

$700,000,000 6.750% Senior Notes due 2036

Term Sheet

June 13, 2016


Issuer:		L Brands, Inc.

Offering Size:		$700,000,000 aggregate principal amount

Title of Securities:		6.750% Senior Notes due 2036

Maturity:		July 1, 2036

Offering Price:		100.000%

Coupon		6.750%

Yield to Maturity:		6.750%

Interest Payment Dates:		January 1 and July 1, commencing January 1, 2017

Record Dates:		June 15 and December 15

Optional Redemption:		Make-whole call at T+50 bps at any time

Equity Clawback:		Up to 35% at 106.750% prior to July 1, 2019

Joint Book-Running Managers:		Merrill Lynch, Pierce, Fenner & Smith Incorporated Citigroup Global Markets Inc. J.P. Morgan Securities LLC

Senior Co-Managers:		Mizuho Securities USA Inc. HSBC Securities (USA) Inc. Wells Fargo Securities, LLC

Co-Managers:		KeyBanc Capital Markets Inc. Mitsubishi UFJ Securities (USA), Inc. U.S. Bancorp Investments, Inc. Fifth Third Securities, Inc. PNC Capital Markets LLC Santander Investment Securities Inc.

Trade Date:		June 13, 2016

1 of 2



Settlement Date:		June 16, 2016 (T + 3)

Distribution:		Registered Offering

Net Proceeds:		We intend to use the net proceeds of the offering, after deducting underwriting discounts and commission and estimated offering expenses, for the redemption of our 6.900% notes due 2017 and for general corporate purposes.

CUSIP Number:		501797 AM6

ISIN Number:		US501797AM65

The Issuer has filed a registration statement (including a prospectus) with the Securities and Exchange Commission (the “SEC”) for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement, the preliminary prospectus supplement 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 the Next-Generation EDGAR System on the SEC web site at www.sec.gov. Alternatively, the Issuer or any underwriter will arrange to send you the prospectus if you request it by calling any of the Joint Book-Running Managers at the numbers below:


Merrill Lynch, Pierce, Fenner & Smith
Incorporated		800-294-1322 (toll free)

Citigroup Global Markets Inc.		212-723-6020 (call collect)

J.P. Morgan Securities LLC		800-221-1037 (toll free)

The information in this communication supplements the information in the preliminary prospectus supplement and supersedes the information in the preliminary prospectus supplement to the extent it is inconsistent with such information. Before you invest, you should read the preliminary prospectus supplement (including the documents incorporated by reference therein) for more information concerning the Issuer and the Notes.

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 email or another communication system.

2 of 2

GRAPHIC 2 g211302g82g70.jpg GRAPHIC begin 644 g211302g82g70.jpg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