-----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, OgfeQYZU44e7Lbzpqex1atXSH5xQlqsefhdWKuV80oUXU0AqK6aYZcjFrAB5OU/x sTNHyI6pfAaYmBLqi1Z9dA== 0001104659-09-057994.txt : 20091006 0001104659-09-057994.hdr.sgml : 20091006 20091006172712 ACCESSION NUMBER: 0001104659-09-057994 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20091006 DATE AS OF CHANGE: 20091006 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: PROTECTIVE LIFE CORP CENTRAL INDEX KEY: 0000355429 STANDARD INDUSTRIAL CLASSIFICATION: LIFE INSURANCE [6311] IRS NUMBER: 952492236 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-151976 FILM NUMBER: 091108798 BUSINESS ADDRESS: STREET 1: 2801 HGWY 280 S CITY: BIRMINGHAM STATE: AL ZIP: 35223 BUSINESS PHONE: 2052683596 MAIL ADDRESS: STREET 1: PO BOX 2606 CITY: BIRMINGHAM STATE: AL ZIP: 35202 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: PROTECTIVE LIFE CORP CENTRAL INDEX KEY: 0000355429 STANDARD INDUSTRIAL CLASSIFICATION: LIFE INSURANCE [6311] IRS NUMBER: 952492236 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 2801 HGWY 280 S CITY: BIRMINGHAM STATE: AL ZIP: 35223 BUSINESS PHONE: 2052683596 MAIL ADDRESS: STREET 1: PO BOX 2606 CITY: BIRMINGHAM STATE: AL ZIP: 35202 FWP 1 a09-28254_6fwp.htm FWP

 

Filed Pursuant to Rule 433

Dated October 6, 2009

Registration Statement No. 333-151976

 

 

$400 MILLION 7.375% SENIOR NOTES DUE 2019

 

Issuer:

Protective Life Corporation

Ratings*:

Baa2 (neg) (Moody’s)/A- (stable) (S&P)/BBB (neg) (Fitch)

Security Type:

Senior Unsecured Fixed Rate Notes

Offering Format:

SEC Registered

Principal Amount:

$400,000,000

Issue Price:

99.935%

Gross Spread:

0.650%

Proceeds to Issuer (before expenses):

$397,140,000

Trade Date:

October 6, 2009

Settlement Date:

October 9, 2009 (T + 3)

Maturity Date:

October 15, 2019

Denominations:

$2,000 and integral multiples of $1,000 in excess thereof

Coupon:

7.375%

Interest Payment Dates:

Semi-annually on October 15 and April 15 of each year, commencing on April 15, 2010

Yield to Maturity:

7.384%

Treasury Benchmark:

3 5/8% due 8/19

Treasury Yield:

3.259%

Spread to Treasury Benchmark:

412.5 basis points

Re-offer Yield:

7.384%

Optional Redemption:

At any time, in whole or in part, until maturity at a discount rate of Treasury plus 50 basis points

CUSIP / ISIN:

743674 AX1 / US743674AX19

Joint Book-Running Managers:

Banc of America Securities LLC

Barclays Capital Inc.

Wells Fargo Securities, LLC

Co-Managers:

Morgan Keegan & Company, Inc.

Protective Securities, A division of ProEquities, Inc.

U.S. Bancorp Investments, Inc.

 

*Ratings may be changed, suspended or withdrawn at any time and are not a recommendation to buy, hold or sell any security.

 

The issuer has filed a registration statement (including a prospectus and a preliminary prospectus supplement) with the Securities and Exchange Commission for the offering to which this communication relates.  Before you invest, you should read the prospectus and the preliminary prospectus supplement in that registration statement and other documents the issuer has filed with the Securities and Exchange Commission for more complete information about the issuer and this offering.  You may get these documents for free by visiting EDGAR on the Securities and Exchange Commission’s 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 preliminary prospectus supplement if you request it by calling Banc of America Securities LLC, toll-free at (800) 294-1322, Barclays Capital Inc., toll-free at (888) 603-5847, or Wells Fargo Securities, LLC, toll-free at (800) 326-5897.

 

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