0001104659-13-046548.txt : 20130604 0001104659-13-046548.hdr.sgml : 20130604 20130603214703 ACCESSION NUMBER: 0001104659-13-046548 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20130604 DATE AS OF CHANGE: 20130603 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: PACIFICORP /OR/ CENTRAL INDEX KEY: 0000075594 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 930246090 STATE OF INCORPORATION: OR FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-170954 FILM NUMBER: 13889584 BUSINESS ADDRESS: STREET 1: 825 N.E. MULTNOMAH STREET 2: SUITE 2000 CITY: PORTLAND STATE: OR ZIP: 97232 BUSINESS PHONE: 5038135608 MAIL ADDRESS: STREET 1: 825 N E MULTNOMAH STREET 2: STE 2000 CITY: PORTLAND STATE: OR ZIP: 97232 FORMER COMPANY: FORMER CONFORMED NAME: PC/UP&L MERGING CORP DATE OF NAME CHANGE: 19890628 FORMER COMPANY: FORMER CONFORMED NAME: PACIFICORP /ME/ DATE OF NAME CHANGE: 19890628 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: PACIFICORP /OR/ CENTRAL INDEX KEY: 0000075594 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 930246090 STATE OF INCORPORATION: OR FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 825 N.E. MULTNOMAH STREET 2: SUITE 2000 CITY: PORTLAND STATE: OR ZIP: 97232 BUSINESS PHONE: 5038135608 MAIL ADDRESS: STREET 1: 825 N E MULTNOMAH STREET 2: STE 2000 CITY: PORTLAND STATE: OR ZIP: 97232 FORMER COMPANY: FORMER CONFORMED NAME: PC/UP&L MERGING CORP DATE OF NAME CHANGE: 19890628 FORMER COMPANY: FORMER CONFORMED NAME: PACIFICORP /ME/ DATE OF NAME CHANGE: 19890628 FWP 1 a13-11829_3fwp.htm FWP

 

Filed pursuant to Rule 433(d)

Registration No. 333-170954

Dated June 3, 2013

 

FINAL TERM SHEET

 

Issuer:

PacifiCorp

 

 

Security Type:

First Mortgage Bonds due 2023

 

 

Legal Format:

SEC Registered

 

 

Principal Amount:

$300,000,000

 

 

Coupon:

2.95%

 

 

Interest Payment Dates:

Semi-annually on June 1 and December 1, commencing on December 1, 2013

 

 

Trade Date:

June 3, 2013

 

 

Settlement Date:

June 6, 2013 (T+3)

 

 

Maturity:

June 1, 2023

 

 

Treasury Benchmark:

UST 1.75% due May 15, 2023

 

 

US Treasury Spot:

96-18

 

 

US Treasury Yield:

2.135%

 

 

Spread to Treasury:

+85 basis points

 

 

Re-offer Yield:

2.985%

 

 

Price to Public (Issue Price):

99.700% of principal amount

 

 

Optional Redemption:

Prior to March 1, 2023, Make Whole Call at T+15 basis points. On or after March 1, 2023, 100% of the principal amount plus accrued and unpaid interest

 

 

Denominations:

$2,000 and any integral multiples of $1,000 in excess thereof

 

 

Joint Book-Running Managers:

RBS Securities Inc.

 

Scotia Capital (USA) Inc.

 

Wells Fargo Securities, LLC

 

 

Co-Managers:

Barclays Capital Inc.

 

CIBC World Markets Corp.

 

KeyBanc Capital Markets Inc.

 

Mitsubishi UFJ Securities (USA), Inc.

 

RBC Capital Markets, LLC

 

U.S. Bancorp Investments, Inc.

 

 

CUSIP / ISIN:

695114 CQ9 / US695114CQ99

 

The issuer has filed a registration statement (including a prospectus) with the U.S. Securities and Exchange Commission (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 RBS Securities Inc. at 1-866-884-2071, Scotia Capital (USA) Inc. at 1-800-372-3930 or Wells Fargo Securities, LLC at 1-800-326-5897.