Filed Pursuant to Rule 433
Dated October 3, 2013
Registration Statement No. 333-178577-02
INTERSTATE POWER AND LIGHT COMPANY
Final Term Sheet
Dated October 3, 2013
Issuer: | Interstate Power and Light Company | |
Security Type: | Senior Debentures | |
Size: | $250,000,000 | |
Maturity Date: | October 15, 2043 | |
Coupon: | 4.700% | |
Price to Public: | 99.378% | |
Yield to Maturity: | 4.739% | |
Benchmark Treasury: | 2.875% due May 15, 2043 | |
Benchmark Treasury Yield: | 3.739% | |
Spread to Benchmark Treasury: | +100 bps | |
Interest Payment Dates: | October 15 and April 15, commencing on April 15, 2014 | |
Optional Redemption Reinvestment Rate: | Prior to April 15, 2043, make-whole call at Treasury +15 bps | |
Optional Redemption at Par: | On or after April 15, 2043 | |
Trade Date: | October 3, 2013 | |
Settlement Date: | October 8, 2013 (T+3) | |
CUSIP: | 461070 AK0 | |
ISIN: | US461070AK05 | |
Joint Book-Running Managers: | Goldman, Sachs & Co. Mitsubishi UFJ Securities (USA), Inc. RBS Securities Inc. | |
Co-Managers: | BNY Mellon Capital Markets, LLC Mizuho Securities USA Inc. The Williams Capital Group, L.P. |
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 that 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, you may request a copy of these documents from Goldman, Sachs & Co. by calling 1-866-471-2526, from Mitsubishi UFJ Securities (USA), Inc. by calling 1-877-649-6848 or from RBS Securities Inc. by calling 1-866-884-2071.