-----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, M44/EVGdZdrkZybWf75GrnoA4iRQ539Ynsgo5Yf9p7WuBeapeZf4G934+xJFWg5w mpWOVhtbKO4qtZLkp6ZlXA== 0000950123-09-045256.txt : 20090923 0000950123-09-045256.hdr.sgml : 20090923 20090923170357 ACCESSION NUMBER: 0000950123-09-045256 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20090923 DATE AS OF CHANGE: 20090923 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ARROW ELECTRONICS INC CENTRAL INDEX KEY: 0000007536 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-ELECTRONIC PARTS & EQUIPMENT, NEC [5065] IRS NUMBER: 111806155 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-162070 FILM NUMBER: 091083095 BUSINESS ADDRESS: STREET 1: 25 HUB DR CITY: MELVILLE STATE: NY ZIP: 11747 BUSINESS PHONE: 5163911300 MAIL ADDRESS: STREET 1: 50 MARCUS DR CITY: MELVILLE STATE: NY ZIP: 11747 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ARROW ELECTRONICS INC CENTRAL INDEX KEY: 0000007536 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-ELECTRONIC PARTS & EQUIPMENT, NEC [5065] IRS NUMBER: 111806155 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 25 HUB DR CITY: MELVILLE STATE: NY ZIP: 11747 BUSINESS PHONE: 5163911300 MAIL ADDRESS: STREET 1: 50 MARCUS DR CITY: MELVILLE STATE: NY ZIP: 11747 FWP 1 y79325fpfwp.htm FWP fwp
Issuer Free Writing Prospectus
Filed pursuant to Rule 433(d)
Registration No. 333-162070
September 23, 2009
Arrow Electronics, Inc.
Pricing Term Sheet
September 23, 2009
6.000% Notes due April 1, 2020
     
Issuer:
  Arrow Electronics, Inc.
 
Principal Amount:
  $300,000,000 
 
Maturity:
  April 1, 2020
 
Coupon:
  6.000% per annum, accruing from September 30, 2009
 
Price to Public:
  99.969% 
 
Yield to Maturity:
  6.004% 
 
Spread to Benchmark Treasury:
  2.500% 
 
Benchmark Treasury:
  3.625% August 15, 2019
 
Benchmark Treasury Spot and Yield:
  101-00; 3.504 % 
 
Interest Payment Dates:
  April 1 and October 1, commencing April 1, 2010
 
Make-Whole Call:
  Treasury Rate plus 40 basis points
 
Trade Date:
  September 23, 2009
 
Settlement Date:
  September 30, 2009 (T+5)
 
Denominations:
  $2,000 and higher multiples of $1,000
 
Ratings:
  Moody’s: Baa3 / S&P: BBB- / Fitch: BBB-
 
Joint Book-Running Managers:
  Banc of America Securities LLC
J.P. Morgan Securities Inc.
Goldman, Sachs & Co.
 
Co-Managers:
  Credit Suisse Securities (USA) LLC
Morgan Stanley & Co. Incorporated
BNP Paribas Securities Corp.
Mitsubishi UFJ Securities (USA), Inc.
Scotia Capital (USA) Inc.
 
CUSIP/ISIN:
   042735BA7/US042735BA76
 
Tender Offer for 9.15% Senior Notes due 2010:
  On September 23, 2009, the Company commenced a fixed price cash tender offer (the “tender offer”) for any and all of its outstanding $200 million in aggregate principal amount of 9.15% Senior Notes due 2010 (the “2010 notes”). The consideration for the 2010 notes validly tendered and accepted for payment pursuant to the tender offer is $1,077.50 per $1,000 principal amount of the 2010 notes. In addition, the Company will pay all accrued and unpaid interest on the 2010 notes purchased pursuant to the tender offer up to, but not including, the settlement date for the tender offer.
 
    
 
  The tender offer is being made on the terms and subject to the conditions set forth in the offer to purchase, dated September 23, 2009, relating to the tender offer. The tender offer may not be consummated in accordance with its terms, or at

 

 

     
 
  all, so all or a portion of the 2010 notes may remain outstanding. This offering is not conditioned upon the successful consummation of the tender offer.
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 Banc of America Securities LLC toll free at 1-800-294-1322, J.P. Morgan Securities Inc. collect at 212-834-4533 or Goldman, Sachs & Co. at Prospectus Department, 85 Broad Street, New York, NY 10004, telephone: 1-866-471-2526, facsimile: 212-902-9316 or by emailing prospectus-ny@ny.email.gs.com.
Any disclaimer or other notice that may appear below is not applicable to this communication and should be disregarded. Such disclaimer or notice was automatically generated as a result of this communication being sent by Bloomberg or another email system.

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