Filed Pursuant to Rule 433
Dated June 19, 2012
Registration Statement No. 333-162451
Relating to
Preliminary Prospectus Supplement Dated June 19, 2012 to
Prospectus dated October 13, 2009
DDR Corp.
4.625% Notes due 2022
Term sheet dated June 19, 2012
Issuer: | DDR Corp. | |
Security: | 4.625% notes due 2022 | |
Size: | $300,000,000 aggregate principal amount | |
Maturity Date: | July 15, 2022 | |
Interest Payment Dates: | January 15 and July 15, commencing January 15, 2013 | |
Benchmark Treasury: | 1.750% due May 15, 2022 | |
Benchmark Treasury Yield and Price: | 1.615%; 101-07+ | |
Yield to Maturity: | 4.865% | |
Spread to Benchmark Treasury: | T+325 basis points | |
Coupon (Interest Rate): | 4.625% per year | |
Price to Public: | 98.104% of principal amount, plus accrued interest, if any, from the Settlement Date | |
Trade Date: | June 19, 2012 | |
Settlement Date: | T+3; June 22, 2012 | |
Redemption Provision: | Make whole call based on U.S. Treasury plus 50 basis points (0.50%); provided, that if redeemed 90 days or fewer prior to the maturity date, redeemed at par | |
CUSIP/ISIN: | 23317H AA0/US23317HAA05 | |
Expected Ratings (Moodys/S&P/Fitch): | Baa3 (stable)/BB+ (positive)/BB+ (stable) | |
Joint Book-Running Managers: | Deutsche Bank Securities Inc. | |
RBS Securities Inc. | ||
UBS Securities LLC | ||
Senior Co-Managers: | BNY Mellon Capital Markets, LLC | |
Capital One Southcoast, Inc. | ||
PNC Capital Markets LLC | ||
RBC Capital Markets, LLC | ||
U.S. Bancorp Investments, Inc. |
Co-Managers: | FTN Financial Securities Corp. | |
ING Financial Markets LLC | ||
The Huntington Investment Company | ||
Moelis & Company LLC | ||
Scotia Capital (USA) Inc. |
Ratings may be changed, suspended or withdrawn at any time and are not a recommendation to buy, hold or sell any security.
The issuer has filed a registration statement (including a preliminary prospectus supplement and a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the preliminary prospectus supplement and 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 SECs Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the preliminary prospectus supplement and the prospectus if you request it by calling or emailing Deutsche Bank Securities Inc. toll-free at 1-800-503-4611 or prospectus.CPDG@db.com, or by calling RBS Securities Inc. toll-free at 1-866-884-2071 or UBS Securities LLC toll-free at 1-877-827-6444, ext. 561 3884.
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