-----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, CqazUhn/m/aOi4YN4gCYF+TpVKuDHEz6BAgxSkRjc5OPK2Opwu62NhSQjat86Fdh XJQMnyn1PhjCFiC1ME9dzw== 0000950123-09-007392.txt : 20090429 0000950123-09-007392.hdr.sgml : 20090429 20090428211814 ACCESSION NUMBER: 0000950123-09-007392 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20090429 DATE AS OF CHANGE: 20090428 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ITT CORP CENTRAL INDEX KEY: 0000216228 STANDARD INDUSTRIAL CLASSIFICATION: PUMPS & PUMPING EQUIPMENT [3561] IRS NUMBER: 135158950 STATE OF INCORPORATION: IN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-158833 FILM NUMBER: 09777191 BUSINESS ADDRESS: STREET 1: 1133 WESTCHESTER AVENUE CITY: WHITE PLAINS STATE: NY ZIP: 10604 BUSINESS PHONE: 9146412000 MAIL ADDRESS: STREET 1: 1133 WESTCHESTER AVENUE CITY: WHITE PLAINS STATE: NY ZIP: 10604 FORMER COMPANY: FORMER CONFORMED NAME: ITT INDUSTRIES INC DATE OF NAME CHANGE: 19951220 FORMER COMPANY: FORMER CONFORMED NAME: ITT CORP DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: INTERNATIONAL TELEPHONE & TELEGRAPH CORP DATE OF NAME CHANGE: 19840321 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ITT CORP CENTRAL INDEX KEY: 0000216228 STANDARD INDUSTRIAL CLASSIFICATION: PUMPS & PUMPING EQUIPMENT [3561] IRS NUMBER: 135158950 STATE OF INCORPORATION: IN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 1133 WESTCHESTER AVENUE CITY: WHITE PLAINS STATE: NY ZIP: 10604 BUSINESS PHONE: 9146412000 MAIL ADDRESS: STREET 1: 1133 WESTCHESTER AVENUE CITY: WHITE PLAINS STATE: NY ZIP: 10604 FORMER COMPANY: FORMER CONFORMED NAME: ITT INDUSTRIES INC DATE OF NAME CHANGE: 19951220 FORMER COMPANY: FORMER CONFORMED NAME: ITT CORP DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: INTERNATIONAL TELEPHONE & TELEGRAPH CORP DATE OF NAME CHANGE: 19840321 FWP 1 e76632f2fwp.htm FWP FWP
Final Term Sheet
Filed Pursuant to Rule 433
Registration Statement No. 333-158833
April 28, 2009
ITT Corporation
Pricing Term Sheet
6.125% Notes due 2019
     
Issuer:
   ITT Corporation
Principal Amount:
   $500,000,000
Security Type:
   Senior Note
Maturity:
   May 1, 2019
Coupon:
   6.125%
Price to Public:
   99.860%
Yield to Maturity:
   6.144%
Spread to Benchmark Treasury:
   312.5 basis points
Benchmark Treasury:
   2.75% notes due February 15, 2019
Benchmark Treasury Spot and Yield:
   97-23+ 3.019%
Interest Payment Dates:
   May 1 and November 1, commencing
 
   November 1, 2009
Make-Whole Call:
   Treasury Rate plus 50 basis points
Trade Date:
   April 28, 2009
Settlement Date:
   May 1, 2009 (T+3)
Denominations:
   $2,000 and integral multiples of $1,000 in excess thereof
Ratings:
   Moody's: Baa1 (stable outlook)
 
    
 
   Standard & Poor's: BBB+ (stable outlook)
 
    
 
   Fitch: A- (stable outlook)
CUSIP/ISIN:
   450679BX2 / US450679BX23
Joint Book-Running Managers:
   Citigroup Global Markets Inc.
 
   J.P. Morgan Securities Inc.
Joint Lead Managers:
   Morgan Stanley & Co. Incorporated
 
   RBS Securities Inc.
Senior Co-Managers:
   ING Financial Markets LLC
 
   Mitsubishi UFJ Securities (USA), Inc.
 
   SG Americas Securities, LLC
 
   UBS Securities LLC
Co-Managers:
   Barclays Capital Inc.
 
   BNP Paribas Securities Corp.

 

 

     
 
   Goldman, Sachs & Co.
 
   Lazard Capital Markets LLC
 
   U.S. Bancorp Investments, Inc.
 
   Wells Fargo Securities, LLC
Note: Ratings are not a recommendation to purchase, hold or sell the notes, inasmuch as the ratings do not comment as to market price or suitability for a particular investor. The ratings are based on current information furnished to the rating agencies by the issuer and information obtained by the rating agencies from other sources. The ratings are only accurate as of the date hereof and may be changed, superseded or withdrawn as a result of changes in, or unavailability of, such information.
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, the related 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 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 and the related prospectus supplement if you request it by calling Citigroup Global Markets Inc. toll free at 1-877-858-5407 or J.P. Morgan Securities Inc. collect at 212-834-4533.
Any disclaimer or other notice that may appear below is not applicable to this communication and should be disregarded. Such disclaimer or notice was automatically generated as a result of this communication being sent by Bloomberg or another email system.

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