FWP 1 stjude101158_fwp.htm FREE WRITING PROSPECTUS stjude101158_fwp.htm - Generated by SEC Publisher for SEC Filing

Filed Pursuant to Rule 433
Registration No. 333-160726

Dated March 10, 2010

St. Jude Medical, Inc.

 

 

FINAL TERM SHEET

Issuer:

St. Jude Medical, Inc.

Title of Securities:

2.200% Notes due 2013

Expected Ratings:

Baa1 / A / A

Format:

SEC Registered – Registration Statement No. 333-160726

Ranking:

Senior Unsecured

Principal Amount:

$450,000,000

Expected Settlement Date:

March 17, 2010 (T+5)

Trade Date:

March 10, 2010

Maturity Date:

September 15, 2013

Interest Payment Dates:

March 15 and September 15 of each year

First Payment Date:

September 15, 2010

Benchmark Treasury:

1.375% due February 15, 2013

Benchmark Treasury Price:

99-27+

Benchmark Treasury Yield:

1.424%

Spread to Benchmark Treasury:

T + 80 basis points

Reoffer Yield:

2.224%

Coupon:

2.200% payable semi-annually

Price to Public:

99.920%

Day Count:

30/360

Minimum Denominations:

$1,000 x $1,000

Optional Redemption:

Make whole plus 15 basis points

CUSIP Number / ISIN Number:

790849 AG8 / US790849AG86

Joint Book-Running Managers:

Banc of America Securities LLC
Wells Fargo Securities, LLC
Mizuho Securities USA Inc.

Co-Managers:

Comerica Securities, Inc.
RBS Securities Inc.
TD Securities (USA) LLC
The Williams Capital Group, L.P.
U.S. Bancorp Investments, Inc.

 

 

 

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 on Form S-3 (including a base prospectus dated July 22, 2009, as supplemented by a preliminary prospectus supplement, dated March 10, 2010, the “Prospectus”) with the SEC for the offering to which this communication relates.  Before you invest, you should read the Prospectus and the documents incorporated therein by reference that the Issuer has filed with the SEC for more complete information about the Issuer and this offering.  You may obtain 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 and any document incorporated by reference in the Prospectus if you request it by calling Banc of America Securities, LLC toll-free at 1-800-294-1322, or you may e-mail a request to dg.prospectus_distribution@bofasecurities.com; or by calling Wells Fargo Securities, LLC toll-free at 1-800-326-5897 or you may email a request to prospectus.specialrequests@wachovia.com. 

 

Any legends, disclaimers or other notices that may appear below are not applicable to this communication and should be disregarded.  Such legends, disclaimers or other notices have been automatically generated as a result of this communication having been sent via Bloomberg or another system.