-----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, OTM70Q8XkKsgKK+0Prh5IncNsqPYww4FU14VKEtxsqF8h4DoLUBZEg16zGYDkEj7 lb+v/TALwwIG3E2cBdlRoA== 0000930413-07-004023.txt : 20070502 0000930413-07-004023.hdr.sgml : 20070502 20070502172816 ACCESSION NUMBER: 0000930413-07-004023 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20070502 DATE AS OF CHANGE: 20070502 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: XL CAPITAL LTD CENTRAL INDEX KEY: 0000875159 STANDARD INDUSTRIAL CLASSIFICATION: SURETY INSURANCE [6351] IRS NUMBER: 980191089 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-130036 FILM NUMBER: 07811949 BUSINESS ADDRESS: STREET 1: XL HOUSE STREET 2: ONE BERMUDIANA ROAD CITY: HAMILTON HM11 BERMUD STATE: D2 BUSINESS PHONE: 4412928515 MAIL ADDRESS: STREET 1: CAHILL GORDON & REINDEL(IMMANUEL KOHN) STREET 2: 80 PINE STREET CITY: NEW YORKI STATE: NY ZIP: 10005 FORMER COMPANY: FORMER CONFORMED NAME: EXEL LTD DATE OF NAME CHANGE: 19950720 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: XL CAPITAL LTD CENTRAL INDEX KEY: 0000875159 STANDARD INDUSTRIAL CLASSIFICATION: SURETY INSURANCE [6351] IRS NUMBER: 980191089 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: XL HOUSE STREET 2: ONE BERMUDIANA ROAD CITY: HAMILTON HM11 BERMUD STATE: D2 BUSINESS PHONE: 4412928515 MAIL ADDRESS: STREET 1: CAHILL GORDON & REINDEL(IMMANUEL KOHN) STREET 2: 80 PINE STREET CITY: NEW YORKI STATE: NY ZIP: 10005 FORMER COMPANY: FORMER CONFORMED NAME: EXEL LTD DATE OF NAME CHANGE: 19950720 FWP 1 c48242_fwp.htm c48242_fwp.htm -- Converted by SEC Publisher, created by BCL Technologies Inc., for SEC Filing

Filed Pursuant to Rule 433
Registration No. 333-130036
May 2, 2007

XL Capital Ltd

Summary of Terms

$325,000,000 6.25% due May 15, 2027

     
Issuer:   XL Capital Ltd
Ratings:   A3/A- (Stable/Stable)
Note Type:   Senior Notes
Principal Amount:   $325,000,000
Trade Date:   May 2, 2007
Settlement Date (T+3 days):   May 7, 2007
Maturity Date:   May 15, 2027
Coupon:   6.25%
Coupon Frequency:   Semi-annual
Coupon Payment Dates:   May 15 and November 15
First Pay Date:   November 15, 2007
Day Count:   30/360
Pricing Benchmark:   4.500% due 2/2036
Benchmark Spot   94-30
Benchmark Yield:   4.827%
Reoffer Spread:   +144 bps
Reoffer Yield:   6.267%
Reoffer Price:   99.805%
Gross Proceeds:   $324,366,250
Underwriter’s Discount:   0.471%
Net Proceeds to Issuer:   $322,835,500
Optional Redemption:   Make-whole redemption at any time at a discount rate of
    Treasury plus 25 basis points
Tax Event Redemption   Redeemable at any time upon the occurrence of certain tax
    events at 100% of the principal amount
Minimum Denomination:   $1,000 x $1,000
Sole Bookrunner:   Goldman, Sachs & Co.
Co-managers:   Banc of America Securities LLC, BNP Paribas Securities Corp.,
    BNY Capital Markets, Inc., Calyon Securities (USA) Inc., HSBC
    Securities (USA) Inc., HVB Capital Markets, Inc., ING Financial
    Markets LLC, KeyBanc Capital Markets Inc., Lloyds TSB Bank
    plc, Mitsubishi UFJ Securities International plc, Mizuho
    Securities USA Inc. and The Williams Capital Group, L.P.
CUSIP Number:   98372P AK4
ISIN Number:   US98372PAK49
Investing in the Notes involves a number of risks. See "Risk Factors" beginning on page S-4 of the accompanying prospectus
supplement.    

XL Capital Ltd has filed a registration statement (including a prospectus) and a prospectus supplement with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement, the prospectus supplement and other documents XL Capital Ltd has filed with the SEC for more complete information about the issuer and this offering. You should rely on the prospectus, prospectus supplement and any relevant free writing prospectus or pricing supplement for complete details. You may get these documents for free by visiting the SEC Web site at www.sec.gov. Alternatively, copies of the prospectus and the prospectus supplement may be obtained from Goldman, Sachs & Co. by calling 1-866-471-2526.

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