Free Writing Prospectus
Filed pursuant to Rule 433
Dated November 10, 2009
Relating to
Preliminary Prospectus Supplement dated November 10, 2009 to
Prospectus dated November 25, 2008
Registration Statement No. 333-155674
Final Term Sheet
$300,000,000 4.250% Notes due 2020
|
Issuer: |
Emerson Electric Co. |
|
Principal Amount: |
$300,000,000 |
|
Title of Securities: |
4.250% Notes due 2020 |
|
Trade Date: |
November 10, 2009 |
|
Original Issue Date (Settlement Date): |
November 16, 2009 |
|
Maturity Date: |
November 15, 2020 |
|
Benchmark Treasury: |
3.625% due August 15, 2019 |
|
Benchmark Treasury Yield: |
3.461% |
|
Spread to Benchmark Treasury: |
85 basis points |
|
Interest Rate: |
4.250% per annum |
|
Yield to Maturity: |
4.311% |
|
Public Offering Price: |
99.470% |
|
Gross Proceeds to Issuer: |
$298,410,000 |
|
Interest Payment Dates: |
Semi-annually in arrears on each May 15th and November 15th, commencing May 15, 2010. |
|
Redemption Provision: |
Make-whole call at the Treasury Rate plus 15 basis points. |
|
CUSIP: |
291011BC7 |
|
ISIN: |
US291011BC72 |
|
Joint Book-Running Managers: |
Citigroup Global Markets Inc. J.P. Morgan Securities Inc. |
|
Co-Managers: |
Banc of America Securities LLC Barclays Capital Inc. BNP Paribas Securities Corp. Deutsche Bank Securities Inc. Morgan Stanley & Co. Incorporated RBC Capital Markets Corporation |
$300,000,000 5.250% Notes due 2039
|
Issuer: |
Emerson Electric Co. |
|
Principal Amount: |
$300,000,000 |
|
Title of Securities: |
5.250% Notes due 2039 |
|
Trade Date: |
November 10, 2009 |
|
Original Issue Date (Settlement Date): |
November 16, 2009 |
|
Maturity Date: |
November 15, 2039 |
|
Benchmark Treasury: |
4.250% due May 15, 2039 |
|
Benchmark Treasury Yield: |
4.376% |
|
Spread to Benchmark Treasury: |
95 basis points |
|
Interest Rate: |
5.250% per annum |
|
Yield to Maturity: |
5.326% |
|
Public Offering Price: |
98.868% |
|
Gross Proceeds to Issuer: |
$296,604,000 |
|
Interest Payment Dates: |
Semi-annually in arrears on each May 15th and November 15th, commencing May 15, 2010. |
|
Redemption Provision: |
Make-whole call at the Treasury Rate plus 15 basis points. |
|
CUSIP: |
291011BD5 |
|
ISIN: |
US291011BD55 |
|
Joint Book-Running Managers: |
Citigroup Global Markets Inc. |
|
|
J.P. Morgan Securities Inc. |
|
Co-Managers: |
Banc of America Securities LLC Barclays Capital Inc. BNP Paribas Securities Corp. Deutsche Bank Securities Inc. Morgan Stanley & Co. Incorporated RBC Capital Markets Corporation |
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 Citigroup Global Markets Inc. toll-free at 1-877-858-5407 or J.P. Morgan Securities Inc. toll-free at 1-212-843-4533.
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