0001104659-13-054109.txt : 20130711 0001104659-13-054109.hdr.sgml : 20130711 20130711172434 ACCESSION NUMBER: 0001104659-13-054109 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20130711 DATE AS OF CHANGE: 20130711 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: BEST BUY CO INC CENTRAL INDEX KEY: 0000764478 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-RADIO TV & CONSUMER ELECTRONICS STORES [5731] IRS NUMBER: 410907483 STATE OF INCORPORATION: MN FISCAL YEAR END: 0201 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-172662 FILM NUMBER: 13964521 BUSINESS ADDRESS: STREET 1: 7601 PENN AVE SOUTH CITY: RICHFIELD STATE: MN ZIP: 55423 BUSINESS PHONE: 6122911000 MAIL ADDRESS: STREET 1: 7601 PENN AVE SOUTH CITY: RICHFIELD STATE: MN ZIP: 55423 FORMER COMPANY: FORMER CONFORMED NAME: BEST BUYS CO INC DATE OF NAME CHANGE: 19900809 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BEST BUY CO INC CENTRAL INDEX KEY: 0000764478 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-RADIO TV & CONSUMER ELECTRONICS STORES [5731] IRS NUMBER: 410907483 STATE OF INCORPORATION: MN FISCAL YEAR END: 0201 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 7601 PENN AVE SOUTH CITY: RICHFIELD STATE: MN ZIP: 55423 BUSINESS PHONE: 6122911000 MAIL ADDRESS: STREET 1: 7601 PENN AVE SOUTH CITY: RICHFIELD STATE: MN ZIP: 55423 FORMER COMPANY: FORMER CONFORMED NAME: BEST BUYS CO INC DATE OF NAME CHANGE: 19900809 FWP 1 a13-16198_3fwp.htm FWP

 

Filed Pursuant to Rule 433

Registration Statement No. 333-172662

 

Best Buy Co., Inc.

Pricing Term Sheet

 

Priced on July 11, 2013

 

5.000% Notes due 2018

 

Issuer:

Best Buy Co., Inc.

 

 

Title of Securities:

5.000% Notes due 2018

 

 

Trade Date:

July 11, 2013

 

 

Settlement Date:

T + 3: July 16, 2013

 

 

Principal Amount:

$500,000,000

 

 

Coupon (Interest Rate):

5.000% per annum

 

 

Maturity Date:

August 1, 2018

 

 

Price to Public (Issue Price):

99.997% of principal amount

 

 

Yield to Maturity:

5.000%

 

 

Benchmark Treasury:

UST 1.375% due June 30, 2018

 

 

Benchmark Treasury

Price and Yield:

99-28; 1.401%

 

 

Spread to Benchmark Treasury:

3.599% (359.9 basis points)

 

 

Interest Payment Dates:

Semi-annually on February 1 and August 1 of each year, beginning on February 1, 2014

 

 

Optional Redemption:

T + 50 basis points

 

 

CUSIP / ISIN:

086516 AM3 / US 086516AM34

 

 

Expected Ratings:

Baa2 (Moody’s) / BB (S&P)*

 

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Joint Bookrunners:

Barclays Capital Inc.

 

Citigroup Global Markets Inc.

 

J.P. Morgan Securities LLC

 

RBS Securities Inc.

 

 

Senior Co-Managers:

HSBC Securities (USA) Inc.

 

Mitsubishi UFJ Securities (USA), Inc.

 

Standard Chartered Bank

 

 

Co-Managers:

Credit Suisse Securities (USA) LLC

 

DNB Markets, Inc.

 

Goldman, Sachs & Co.

 

RBC Capital Markets, LLC

 

US Bancorp Investments, Inc.

 

*Note: A credit rating of a security is not a recommendation to buy, sell or hold such security and may be subject to review, revision, suspension, reduction or withdrawal at any time by the assigning rating agency. Each of the ratings included herein should be evaluated independently of any other rating.

 

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 Barclays Capital Inc. at 1-888-603-5847 (toll free), Citigroup Global Markets Inc. at 1-800-831-9146 (toll free), or J.P. Morgan Securities LLC at (212) 834-4533 (collect).

 

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