-----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, AEs4RupczmcvygPGPX0DTlkm2ytbh+wZRaOKCdSTDgmusO5jV9mI+++x+2+m2QK3 YsNpHsN5EWldvNMcLkRm3w== 0001193125-10-200765.txt : 20100830 0001193125-10-200765.hdr.sgml : 20100830 20100830172448 ACCESSION NUMBER: 0001193125-10-200765 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20100830 DATE AS OF CHANGE: 20100830 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Sara Lee Corp CENTRAL INDEX KEY: 0000023666 STANDARD INDUSTRIAL CLASSIFICATION: FOOD & KINDRED PRODUCTS [2000] IRS NUMBER: 362089049 STATE OF INCORPORATION: MD FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-158504 FILM NUMBER: 101047682 BUSINESS ADDRESS: STREET 1: 3500 LACEY ROAD CITY: DOWNERS GROVE STATE: IL ZIP: 60515 BUSINESS PHONE: 6305986000 MAIL ADDRESS: STREET 1: 3500 LACEY ROAD CITY: DOWNERS GROVE STATE: IL ZIP: 60515 FORMER COMPANY: FORMER CONFORMED NAME: LEE SARA CORP DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: CONSOLIDATED FOODS CORP DATE OF NAME CHANGE: 19850402 FORMER COMPANY: FORMER CONFORMED NAME: CONSOLIDATED GROCERD CORP DATE OF NAME CHANGE: 19731220 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Sara Lee Corp CENTRAL INDEX KEY: 0000023666 STANDARD INDUSTRIAL CLASSIFICATION: FOOD & KINDRED PRODUCTS [2000] IRS NUMBER: 362089049 STATE OF INCORPORATION: MD FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 3500 LACEY ROAD CITY: DOWNERS GROVE STATE: IL ZIP: 60515 BUSINESS PHONE: 6305986000 MAIL ADDRESS: STREET 1: 3500 LACEY ROAD CITY: DOWNERS GROVE STATE: IL ZIP: 60515 FORMER COMPANY: FORMER CONFORMED NAME: LEE SARA CORP DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: CONSOLIDATED FOODS CORP DATE OF NAME CHANGE: 19850402 FORMER COMPANY: FORMER CONFORMED NAME: CONSOLIDATED GROCERD CORP DATE OF NAME CHANGE: 19731220 FWP 1 dfwp.htm PRICING TERM SHEET - 2015 NOTES Pricing Term Sheet - 2015 Notes

Filed Pursuant to Rule 433

Registration Statement No. 333-158504

August 30, 2010

Sara Lee Corporation

Pricing Term Sheet – 2015 Notes

 

Issuer:

    Sara Lee Corporation

Size:

    $400,000,000

Trade Date:

    August 30, 2010

Format:

    SEC registered

Maturity:

    September 15, 2015

Coupon:

    2.75%

Price:

    99.939% of face amount

Yield to maturity:

    2.763%

Spread to Benchmark Treasury:

    1.370%

Benchmark Treasury:

    1.250% due August 31, 2015

Benchmark Treasury Price and Yield:

    99-10, 1.393%

Interest Payment Dates:

    March 15 and September 15, commencing
   March 15, 2011

Redemption Provisions:

   

    Make-whole call

   

At any time at a discount rate of Treasury

plus 25 basis points

Settlement:

    T+5; September 7, 2010

CUSIP:

    803111 AR4

Joint-lead Managers:

    Banc of America Securities LLC
   J.P. Morgan Securities Inc.
   BNP Paribas Securities Corp.

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 or emailing Banc of America Securities LLC at 1 (800) 294-1322 or dg.prospectus_distribution@bofasecurities.com or call J.P. Morgan Securities Inc. at 1 (212) 834-4533.

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