0001104659-11-055069.txt : 20111005 0001104659-11-055069.hdr.sgml : 20111005 20111005165856 ACCESSION NUMBER: 0001104659-11-055069 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20111005 DATE AS OF CHANGE: 20111005 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: NORDSTROM INC CENTRAL INDEX KEY: 0000072333 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-FAMILY CLOTHING STORES [5651] IRS NUMBER: 910515058 STATE OF INCORPORATION: WA FISCAL YEAR END: 0129 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-177175 FILM NUMBER: 111127306 BUSINESS ADDRESS: STREET 1: 1617 SIXTH AVENUE CITY: SEATTLE STATE: WA ZIP: 98101-4407 BUSINESS PHONE: 2066282111 MAIL ADDRESS: STREET 1: 1617 SIXTH AVENUE CITY: SEATTLE STATE: WA ZIP: 98101 FORMER COMPANY: FORMER CONFORMED NAME: NORDSTROM BEST INC DATE OF NAME CHANGE: 19730611 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: NORDSTROM INC CENTRAL INDEX KEY: 0000072333 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-FAMILY CLOTHING STORES [5651] IRS NUMBER: 910515058 STATE OF INCORPORATION: WA FISCAL YEAR END: 0129 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 1617 SIXTH AVENUE CITY: SEATTLE STATE: WA ZIP: 98101-4407 BUSINESS PHONE: 2066282111 MAIL ADDRESS: STREET 1: 1617 SIXTH AVENUE CITY: SEATTLE STATE: WA ZIP: 98101 FORMER COMPANY: FORMER CONFORMED NAME: NORDSTROM BEST INC DATE OF NAME CHANGE: 19730611 FWP 1 a11-26941_3fwp.htm FWP

 

Free Writing Prospectus

Filed Pursuant to Rule 433
Registration Number 333-177175

 

NORDSTROM, INC.
Final Term Sheet

October 5, 2011

$500,000,000 4.00% Senior Notes due 2021

 

Issuer:

 

Nordstrom, Inc.

 

 

 

Expected Ratings (Moody’s / S&P / Fitch):*

 

Baa1 (Stable) / A- (stable) / A- (stable)

 

 

 

Trade Date:

 

October 5, 2011

 

 

 

Settlement Date

 

October 11, 2011; T+3

 

 

 

Size:

 

$500 million

 

 

 

Maturity Date:

 

October 15, 2021

 

 

 

Interest Payment Dates:

 

April 15 and October 15, commencing April 15, 2012

 

 

 

Coupon (Interest Rate):

 

4.00%

 

 

 

Price to Public:

 

99.828%

 

 

 

Benchmark Treasury:

 

2.125% due August 15, 2021

 

 

 

Benchmark Treasury Price / Yield:

 

102-00 / 1.901%

 

 

 

Spread to Benchmark Treasury:

 

+ 212 basis points

 

 

 

Yield to Maturity:

 

4.021%

 

 

 

Redemption Provision:

 

Before July 15, 2021, at the Issuer’s option, at any time in whole or from time to time in part, at the greater of (i) 100% of principal amount or (ii) discounted present value at the Treasury Rate plus 35 basis points.

 

At any time on or after July 15, 2021, at the Issuer’s option, at any time in whole or from time to time in part, at 100% of the principal amount.

 

 

 

CUSIP / ISIN:

 

655664 AP5 / Us655664AP58

 

 

 

Joint Book-Running Managers:

 

Merrill Lynch, Pierce, Fenner & Smith
Incorporated

Wells Fargo Securities, LLC

U.S. Bancorp Investments, Inc.

 

 

 

Senior Co-Managers:

 

Goldman, Sachs & Co.

 

 

Morgan Stanley & Co. LLC

 

 

RBS Securities Inc.

 

 

 

Co-Managers:

 

Fifth Third Securities, Inc.

 

 

KeyBanc Capital Markets Inc.

 

 

Mitsubishi UFJ Securities (USA), Inc.

 

 

The Williams Capital Group, L.P.

 


 

*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, you may obtain a copy of the prospectus by contacting Merrill Lynch, Pierce, Fenner & Smith Incorporated at 1-800-294-1322 or dg.prospectus_requests@baml.com or Wells Fargo Securities, LLC at 1-800-326-5897.