0000754737-13-000035.txt : 20130610 0000754737-13-000035.hdr.sgml : 20130610 20130610164730 ACCESSION NUMBER: 0000754737-13-000035 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20130610 DATE AS OF CHANGE: 20130610 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SOUTH CAROLINA ELECTRIC & GAS CO CENTRAL INDEX KEY: 0000091882 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC & OTHER SERVICES COMBINED [4931] IRS NUMBER: 570248695 STATE OF INCORPORATION: SC FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-184426-01 FILM NUMBER: 13903943 BUSINESS ADDRESS: STREET 1: 100 SCANA PARKWAY STREET 2: MAIL CODE B123 CITY: CAYCE STATE: SC ZIP: 29033 BUSINESS PHONE: 803-217-9000 MAIL ADDRESS: STREET 1: 220 OPERATION WAY STREET 2: MAIL CODE B123 CITY: CAYCE STATE: SC ZIP: 29033 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SCANA CORP CENTRAL INDEX KEY: 0000754737 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC & OTHER SERVICES COMBINED [4931] IRS NUMBER: 570784499 STATE OF INCORPORATION: SC FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 100 SCANA PARKWAY STREET 2: MAIL CODE - B123 CITY: CAYCE STATE: SC ZIP: 29033 BUSINESS PHONE: 8032179000 MAIL ADDRESS: STREET 1: 220 OPERATION WAY STREET 2: MAIL CODE - B123 CITY: CAYCE STATE: SC ZIP: 29033 FWP 1 a20524878v2_activex-scegxf.htm FWP 20524878v2_Active_-SCEG-FWP6

Filed Pursuant to Rule 433
Registration Statement No. 333-184426-01

South Carolina Electric & Gas Company

FINAL TERM SHEET

Dated:     June 10, 2013

Issuer:    South Carolina Electric & Gas Company
Name of Securities:
First Mortgage Bonds, 4.60% Series due June 15, 2043
Size:
$400,000,000
Expected Ratings:
Moody’s: A3 (stable outlook); S&P: A (negative outlook); Fitch: A (stable outlook). A securities rating is not a recommendation to buy, sell or hold securities and may be subject to review, revision, suspension, reduction or withdrawal at any time by the assigning rating agency.
Trade Date:
June 10, 2013
Settlement Date:
June 14, 2013 (T+4)
Maturity:
June 15, 2043
Coupon (Interest Rate):
4.60%
Benchmark Treasury:
3.125% due February 15, 2043
Benchmark Treasury Yield:
3.351%
Re-Offer Spread:
+128 basis points (1.28%)
Re-Offer Yield:
4.631%
Interest Payment Dates:
June 15 and December 15, commencing December 15, 2013
Make-Whole Redemption Provision:
Prior to December 15, 2042, make-whole call at Adjusted Treasury Rate +20 basis points
Par Redemption Provision:
December 15, 2042



Underwriting Discount:
0.875%
Net Proceeds to Issuer (before expenses):
$394,500,000, plus accrued interest from, and including, June 14, 2013
Price to Public:
99.500%, plus accrued interest from, and including, June 14, 2013
Denominations:
$1,000 x $1,000
CUSIP:
837004 CG3
Joint Book-Running Managers:
Merrill Lynch, Pierce, Fenner & Smith Incorporated, Morgan Stanley & Co. LLC, UBS Securities LLC, Mizuho Securities USA Inc. and TD Securities (USA) LLC
Co-Managers:
BB&T Capital Markets, a division of BB&T Securities, LLC, Mitsubishi UFJ Securities (USA), Inc. and Synovus Securities, Inc.
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:
Merrill Lynch, Pierce, Fenner & Smith
Incorporated –        1-800-294-1322 (toll free)

Morgan Stanley & Co. LLC –         1-866-718-1649 (toll free)
UBS Securities LLC –            1-877-827-6444, ext. 5613884 (toll free)
Mizuho Securities USA Inc. –        1-866-271-7403 (toll free)

TD Securities (USA) LLC –        1-855-495-9846 (toll free)
Any disclaimers or other notices that may appear below are not applicable to this communication and should be disregarded. Such disclaimers or other notices were automatically generated as a result of this communication being sent via Bloomberg or another email system.