-----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, D9VInuUmxOyxb60mZ+L74Og9rX6ak9iXmAowzaKH1olhwFeq2lAIsarvhVpWkW5r edCnwvdpDyhLSojyUjx4Cg== 0001104659-10-048338.txt : 20100913 0001104659-10-048338.hdr.sgml : 20100913 20100913171841 ACCESSION NUMBER: 0001104659-10-048338 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20100913 DATE AS OF CHANGE: 20100913 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: BE AEROSPACE INC CENTRAL INDEX KEY: 0000861361 STANDARD INDUSTRIAL CLASSIFICATION: PUBLIC BUILDING AND RELATED FURNITURE [2531] IRS NUMBER: 061209796 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-169327 FILM NUMBER: 101069768 BUSINESS ADDRESS: STREET 1: 1400 CORPORATE CTR WY CITY: WELLINGTON STATE: FL ZIP: 33414 BUSINESS PHONE: 5617915000 MAIL ADDRESS: STREET 1: 1400 CORPORATE CENTER WAY STREET 2: 1400 CORPORATE CENTER WAY CITY: WELLINGTON STATE: FL ZIP: 33414 FORMER COMPANY: FORMER CONFORMED NAME: BE AVIONICS INC DATE OF NAME CHANGE: 19920608 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BE AEROSPACE INC CENTRAL INDEX KEY: 0000861361 STANDARD INDUSTRIAL CLASSIFICATION: PUBLIC BUILDING AND RELATED FURNITURE [2531] IRS NUMBER: 061209796 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 1400 CORPORATE CTR WY CITY: WELLINGTON STATE: FL ZIP: 33414 BUSINESS PHONE: 5617915000 MAIL ADDRESS: STREET 1: 1400 CORPORATE CENTER WAY STREET 2: 1400 CORPORATE CENTER WAY CITY: WELLINGTON STATE: FL ZIP: 33414 FORMER COMPANY: FORMER CONFORMED NAME: BE AVIONICS INC DATE OF NAME CHANGE: 19920608 FWP 1 a10-17182_4fwp.htm FWP

 

Issuer Free Writing Prospectus

Filed Pursuant to Rule 433

Registration Statement No. 333-169327

September 13, 2010

 

BE Aerospace, Inc.

Pricing Term Sheet

$650,000,000 6.875% Senior Notes due 2020

 

Issuer:

 

BE Aerospace, Inc.

Security Description:

 

Senior Notes

Distribution:

 

SEC Registered

Face:

 

$650,000,000

Gross Proceeds:

 

$644,176,000

Net Proceeds to Issuer (before expenses):

 

$631,176,000

Coupon:

 

6.875%

Maturity:

 

October 1, 2020

Offering Price:

 

99.104%

Yield to Maturity:

 

7.000%

Spread to Treasury:

 

+454 basis points

Benchmark:

 

UST 2.625% due August 15, 2020

Ratings:

 

Ba3 / BB(1)

Interest Pay Dates:

 

April 1 and October 1

Beginning:

 

April 1, 2011

Equity Clawback:

 

Up to 35% at 106.875%

Until:

 

October 1, 2013

Optional redemption:

 

Make-whole call @ T+50bps prior to October 1, 2015, then:

 

 

On or after:

 

Price:

 

 

 

October 1, 2015

 

 

103.438%

 

 

 

 

October 1, 2016

 

 

102.292%

 

 

 

 

October 1, 2017

 

 

101.146%

 

 

 

 

October 1, 2018 and thereafter

 

 

100.000%

 

 

Change of control:

 

Put @ 101% of principal plus accrued interest

Trade Date:

 

September 13, 2010

Settlement Date:

 

September 16, 2010(T+3)

CUSIP:

 

055381 AR8

ISIN:

 

US055381AR8504

Denominations:

 

$2,000 x $1,000

Bookrunners:

 

Credit Suisse Securities (USA) LLC

 

 

J.P. Morgan Securities LLC

 

 

UBS Securities LLC

Co-Managers

 

RBS Securities Inc.

 

 

SunTrust Robinson Humphrey, Inc.

 

 

Wells Fargo Securities, LLC

 

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 Credit Suisse Securities (USA) LLC toll-free at 1-800-221-1037, J.P. Morgan Securities LLC toll-free at 1-800-245-8812 or UBS Securities LLC toll-free at 1-877-827-7275.

 

(1)  A securities rating is not a recommendation to buy, sell or hold these notes. Each rating may be subject to revision or withdrawal at any time and should be evaluated independently of any other rating.

 


 

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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