-----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, IlZUC1bQ4+tDAO/Q0LOhKcilbIwj4V1dCRImPdp4KXGNvyszXj6JwcB51l8+YOEN CFQ+SBG3aQ3/nHVMScbVbw== 0000950123-10-073492.txt : 20100805 0000950123-10-073492.hdr.sgml : 20100805 20100805171930 ACCESSION NUMBER: 0000950123-10-073492 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20100805 DATE AS OF CHANGE: 20100805 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: HESS CORP CENTRAL INDEX KEY: 0000004447 STANDARD INDUSTRIAL CLASSIFICATION: PETROLEUM REFINING [2911] IRS NUMBER: 134921002 STATE OF INCORPORATION: DE FISCAL YEAR END: 0503 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-157606 FILM NUMBER: 10995520 BUSINESS ADDRESS: STREET 1: 1185 AVENUE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10036 BUSINESS PHONE: 2129978500 MAIL ADDRESS: STREET 1: 1185 AVENUE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10036 FORMER COMPANY: FORMER CONFORMED NAME: AMERADA HESS CORP DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: AMERADA PETROLEUM CORP DATE OF NAME CHANGE: 19690727 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: HESS CORP CENTRAL INDEX KEY: 0000004447 STANDARD INDUSTRIAL CLASSIFICATION: PETROLEUM REFINING [2911] IRS NUMBER: 134921002 STATE OF INCORPORATION: DE FISCAL YEAR END: 0503 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 1185 AVENUE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10036 BUSINESS PHONE: 2129978500 MAIL ADDRESS: STREET 1: 1185 AVENUE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10036 FORMER COMPANY: FORMER CONFORMED NAME: AMERADA HESS CORP DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: AMERADA PETROLEUM CORP DATE OF NAME CHANGE: 19690727 FWP 1 y86010fwp.htm FWP fwp
Issuer Free Writing Prospectus
Filed Pursuant to Rule 433
Registration No. 333-157606

 
August 5, 2010
TERM SHEET
 
$1,250,000,000 5.60% Notes due 2041
         
Issuer:
  Hess Corporation (Bloomberg Ticker: “HES”)
Ratings:
  Baa2 (Moody’s) / BBB (S&P/Fitch)
Securities:
  $1,250,000,000 5.60% Notes due 2041
Format:
  SEC registered (global)
CUSIP / ISIN No.:
  42809HAD9 / US42809HAD98
Trade Date:
  August 5, 2010
Expected Settlement:
  August 10, 2010 (T+3)
Maturity:
  February 15, 2041
Price To Public:
  99.304% of principal amount
Purchase Price To Underwriters:
  98.429% of principal amount
Coupon:
  5.60% per year (payable semi-annually)
Interest Payment Dates:
  February 15 and August 15, beginning February 15, 2011
Benchmark Treasury:
  4.625% notes due February 15, 2040
Benchmark Treasury Yield:
  4.048%     
Spread:
  +160 basis points over Benchmark Treasury
Yield:
  5.648%    
Make Whole Call At Any Time:
  The greater of 100% of principal amount or discounted present value at Adjusted Treasury Rate +25 bps
Denominations:
  $2,000 and multiples of $1,000 in excess of $2,000
Joint Bookrunners:
  Goldman, Sachs & Co.
 
  J.P. Morgan Securities Inc.
 
  Morgan Stanley & Co. Incorporated
 
  Deutsche Bank Securities Inc.
 
  RBS Securities Inc.
     Note: A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.
     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 Goldman, Sachs & Co. at 1-866-471-2526, J.P. Morgan Securities Inc. at 1-212-834-4533, Morgan Stanley & Co. Incorporated at 1-866-718-1649, Deutsche Bank Securities Inc. at 1-800-503-4611 or RBS Securities Inc. at 1-866-884-2071.

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