0000950123-11-058611.txt : 20110613 0000950123-11-058611.hdr.sgml : 20110613 20110613145333 ACCESSION NUMBER: 0000950123-11-058611 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20110613 DATE AS OF CHANGE: 20110613 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: EATON CORP CENTRAL INDEX KEY: 0000031277 STANDARD INDUSTRIAL CLASSIFICATION: MISC INDUSTRIAL & COMMERCIAL MACHINERY & EQUIPMENT [3590] IRS NUMBER: 340196300 STATE OF INCORPORATION: OH FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-157597 FILM NUMBER: 11908054 BUSINESS ADDRESS: STREET 1: EATON CTR STREET 2: 1111 SUPERIOR AVE CITY: CLEVELAND STATE: OH ZIP: 44114-2584 BUSINESS PHONE: 2165235000 MAIL ADDRESS: STREET 1: 1111 SUPERIOR AVENUE CITY: CLEVELAND STATE: OH ZIP: 44114 FORMER COMPANY: FORMER CONFORMED NAME: EATON YALE & TOWNE INC DATE OF NAME CHANGE: 19710822 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: EATON CORP CENTRAL INDEX KEY: 0000031277 STANDARD INDUSTRIAL CLASSIFICATION: MISC INDUSTRIAL & COMMERCIAL MACHINERY & EQUIPMENT [3590] IRS NUMBER: 340196300 STATE OF INCORPORATION: OH FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: EATON CTR STREET 2: 1111 SUPERIOR AVE CITY: CLEVELAND STATE: OH ZIP: 44114-2584 BUSINESS PHONE: 2165235000 MAIL ADDRESS: STREET 1: 1111 SUPERIOR AVENUE CITY: CLEVELAND STATE: OH ZIP: 44114 FORMER COMPANY: FORMER CONFORMED NAME: EATON YALE & TOWNE INC DATE OF NAME CHANGE: 19710822 FWP 1 l42892afwp.htm FWP fwp
Filed Pursuant to Rule 433 under the Securities Act of 1933
Registration Statement No. 333-157597
Issuer Free Writing Prospectus, dated June 13, 2011
Final Term Sheet for
EATON CORPORATION
Floating Rate Notes due 2014
     
Issuer:
  Eaton Corporation
 
    
Securities Title:
  Floating Rate Notes due 2014
 
    
Expected Ratings (Moody’s/S&P/Fitch)*:
  A3 (stable) / A- (stable) / A- (stable)
 
    
Principal Amount:
  $300,000,000 
 
    
Pricing Date:
  June 13, 2011
 
    
Expected Settlement Date:
  T+3; June 16, 2011
 
    
Maturity Date:
  June 16, 2014
 
    
Price to Public:
  100% of principal amount
 
    
Coupon:
  3-month USD LIBOR plus the spread
 
    
Spread:
  Plus 33 basis points
 
    
Interest Payment Dates:
  Quarterly on the 16th of March, June, September and December, commencing on September 16, 2011 and ending on the Maturity Date
 
    
Interest Reset Dates:
  Same as Interest Payment Dates, excluding the Maturity
Date
 
    
Initial Base Rate
  3-month USD LIBOR, as determined on June 14, 2011
 
    
Minimum Denominations:
  $2,000 and integral multiples of $1,000 in excess thereof
 
    
Joint Book-Running Managers:
  Barclays Capital Inc.
 
  Morgan Stanley & Co. LLC
 
  UBS Securities LLC
 
    
Co-Managers:
  Citigroup Global Markets Inc.
 
  J.P. Morgan Securities LLC
 
  Deutsche Bank Securities Inc.
 
  Merrill Lynch, Pierce, Fenner & Smith Incorporated
 
  KeyBanc Capital Markets Inc.
 
  Goldman, Sachs & Co.
 
  BNP Paribas Securities Corp.
 
  BNY Mellon Capital Markets, LLC
 
  Credit Suisse Securities (USA) LLC
 
  Svenska Handelsbanken AB (publ)
 
    
Cusip/ISIN:
  278058 DJ8 / US278058DJ82

 

 

 
*   Note: None of these ratings is a recommendation to buy, sell or hold the Notes. Each rating is subject to revision or withdrawal at any time and should be evaluated independently of any other rating.
The issuer has filed a registration statement (including a prospectus) with the SEC for the offerings 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 Barclays Capital Inc. toll-free at 1-888-603-5847, Morgan Stanley & Co. LLC toll-free at 1-866-718-1649 and UBS Securities LLC toll-free at 1-877-827-6444 (ext. 561-3884).