-----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, BgY8q3olByubVk4uStZFW3ssLlJXm1b6huo9qGTv/s7Im4r3bo1z/rK/Qzf9FMRd hadQlLC1J7r2k86vVySSrQ== 0000950123-10-021652.txt : 20100305 0000950123-10-021652.hdr.sgml : 20100305 20100305170348 ACCESSION NUMBER: 0000950123-10-021652 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20100305 DATE AS OF CHANGE: 20100305 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: MASCO CORP /DE/ CENTRAL INDEX KEY: 0000062996 STANDARD INDUSTRIAL CLASSIFICATION: MILLWOOD, VENEER, PLYWOOD & STRUCTURAL WOOD MEMBERS [2430] IRS NUMBER: 381794485 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-165047 FILM NUMBER: 10661450 BUSINESS ADDRESS: STREET 1: 21001 VAN BORN RD CITY: TAYLOR STATE: MI ZIP: 48180 BUSINESS PHONE: 3132747400 MAIL ADDRESS: STREET 1: 21001 VAN BORN ROAD CITY: TAYLOR STATE: MI ZIP: 48180 FORMER COMPANY: FORMER CONFORMED NAME: MASCO SCREW PRODUCTS CO DATE OF NAME CHANGE: 19731025 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: MASCO CORP /DE/ CENTRAL INDEX KEY: 0000062996 STANDARD INDUSTRIAL CLASSIFICATION: MILLWOOD, VENEER, PLYWOOD & STRUCTURAL WOOD MEMBERS [2430] IRS NUMBER: 381794485 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 21001 VAN BORN RD CITY: TAYLOR STATE: MI ZIP: 48180 BUSINESS PHONE: 3132747400 MAIL ADDRESS: STREET 1: 21001 VAN BORN ROAD CITY: TAYLOR STATE: MI ZIP: 48180 FORMER COMPANY: FORMER CONFORMED NAME: MASCO SCREW PRODUCTS CO DATE OF NAME CHANGE: 19731025 FWP 1 k48889fwfwp.htm FWP fwp
Filed Pursuant to Rule 433
Registration No. 333-165047
Term Sheet
March 5, 2010
MASCO CORPORATION
$500,000,000 7.125% NOTES DUE 2020
     
ISSUER:
  Masco Corporation
 
    
TITLE OF SECURITIES:
  7.125% Notes due 2020 
 
    
RATINGS*:
  Ba2(stable) by Moody’s Investors Service, Inc and
BBB(stable) by Standard & Poor’s Rating Services
 
    
TRADE DATE:
  March 5, 2010 
 
    
SETTLEMENT DATE (T+3):
  March 10, 2010 
 
    
MATURITY DATE:
  March 15, 2020 
 
    
AGGREGATE PRINCIPAL AMOUNT OFFERED:
  $500,000,000 
 
    
PRICE TO PUBLIC (ISSUE PRICE):
  99.998% 
 
    
BENCHMARK:
  UST 3.625% due February 15, 2020 
 
    
BENCHMARK TREASURY PRICE AND YIELD:
  99-14+; 3.691% 
 
    
YIELD TO MATURITY:
  7.125% 
 
    
SPREAD TO TREASURY:
  +343.4 basis points
 
    
INTEREST RATE:
  7.125% per annum
 
    
INTEREST PAYMENT DATES:
  Semi-annually on each March 15 and September 15; commencing on September 15, 2010
 
    
DENOMINATIONS:
  $2,000 by $1,000 
 
    
OPTIONAL REDEMPTION:
  Make-whole call at any time at the greater of 100% of the principal amount of the notes being redeemed or discounted present value at the treasury rate plus 50 basis points
 
    
CHANGE OF CONTROL:
  Upon the occurrence of a Change of Control Triggering Event, we will be required to make an offer to purchase the notes at a price equal to 101% of their principal amount plus accrued and unpaid interest to the date of repurchase.

 

 

     
JOINT BOOKRUNNERS:
  Banc of America Securities LLC, Citigroup Global Markets Inc., J.P. Morgan Securities Inc.
 
    
CO-MANAGERS:
  Daiwa Securities America Inc., BNP Paribas Securities Corp., Comerica Securities, Inc., Commerzbank Capital Markets Corp., KeyBanc Capital Markets Inc., Mitsubishi UFJ Securities (USA), Inc., PNC Capital Markets LLC, RBC Capital Markets Corporation, SunTrust Robinson Humphrey, Inc.
 
    
CUSIP:
  574599 BG0 
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 BANC OF AMERICA SECURITIES LLC TOLL-FREE AT 1-800-294-1322 , CITIGROUP GLOBAL MARKETS INC. TOLL-FREE AT 1-877- 858-5407 OR J.P. MORGAN SECURITIES INC. COLLECT AT 1-212-834-4533.
ANY DISCLAIMERS OR OTHER NOTICES THAT MAY APPEAR BELOW ARE NOT APPLICABLE TO THIS COMMUNICATION AND SHOULD BE DISREGARDED. SUCH DISCLAIMERS OR OTHER NOTICES WERE AUTOMATICALLY GENERATED AS A RESULT OF THIS COMMUNICATION BEING SENT VIA BLOOMBERG OR ANOTHER EMAIL SYSTEM.
*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.

 

-----END PRIVACY-ENHANCED MESSAGE-----