-----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, KyzlSbC2SOcYp243jo5IoKQPXHYFilE5Agtjw3wJ6MWUj26x4OQfH3skjPWezXMb bcNPwLmS5+kUxbLsxVNewQ== 0001047469-08-001009.txt : 20080208 0001047469-08-001009.hdr.sgml : 20080208 20080208143059 ACCESSION NUMBER: 0001047469-08-001009 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20080208 DATE AS OF CHANGE: 20080208 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SOUTHERN UNION CO CENTRAL INDEX KEY: 0000203248 STANDARD INDUSTRIAL CLASSIFICATION: NATURAL GAS DISTRIBUTION [4924] IRS NUMBER: 750571592 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-137998 FILM NUMBER: 08588426 BUSINESS ADDRESS: STREET 1: 5444 WESTHEIMER RD CITY: HOUSTON STATE: TX ZIP: 77056-5306 BUSINESS PHONE: (713) 989-2000 MAIL ADDRESS: STREET 1: 5444 WESTHEIMER RD CITY: HOUSTON STATE: TX ZIP: 77056-5306 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SOUTHERN UNION CO CENTRAL INDEX KEY: 0000203248 STANDARD INDUSTRIAL CLASSIFICATION: NATURAL GAS DISTRIBUTION [4924] IRS NUMBER: 750571592 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 5444 WESTHEIMER RD CITY: HOUSTON STATE: TX ZIP: 77056-5306 BUSINESS PHONE: (713) 989-2000 MAIL ADDRESS: STREET 1: 5444 WESTHEIMER RD CITY: HOUSTON STATE: TX ZIP: 77056-5306 FWP 1 a2182577zfwp.htm FWP

Filed Pursuant to Rule 433
Registration No. 333-137998
Free Writing Prospectus Dated February 8, 2008

Term Sheet

Southern Union Company
$100,000,000 6.089% Senior Notes due 2010


Trade Date:
 
February 8, 2008

Settlement Date:
 
February 19, 2008 (T+6)

Remarketed Amount:
 
$100,000,000

Legal Format:
 
SEC Registered

Ratings:
 
Baa3 / BBB-/BBB (Moody's / S&P / Fitch) (negative / negative / stable)

Security Type:
 
Senior unsecured notes

Maturity:
 
February 16, 2010

Interest Rate:
 
6.089% per annum

Interest Payment Dates:
 
February 16 and August 16 of each year

First Interest Payment Date
After the Remarketing:
 
August 16, 2008

Spread to Benchmark
Treasury:
 
4.00%

Benchmark Treasury and Yield:
 
2.125% TSY due Jan 2010: 1.954%

Yield to Maturity:
 
5.954%

Remarketing Price:
 
100.25%

Denomination:
 
$1,000

Change of Control Put:
 
If Southern Union Company undergoes a "change of control triggering event," as defined in the indenture, holders of the Senior Notes will have the option to require Southern Union Company to purchase all or any portion of such holders' Senior Notes at 101% of the aggregate principal amount of Senior Notes to be purchased.

CUSIP:
 
844030 AJ5

Remarketing Agent:
 
Lehman Brothers Inc.

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 issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling Lehman Brothers Inc. toll-free at 1-888-603-5847. You may also obtain these documents by accessing the "Investors" section of Southern Union Company's website at www.sug.com.


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