Issuer Free Writing Prospectus |
Filed Pursuant to Rule 433 |
Registration Statement No. |
333-144500 |
July 12, 2007 |
Issuer:
|
Commercial Metals Company | |
Security Type:
|
Senior Unsecured Note | |
Ratings:
|
Baa2 (Moodys) / BBB (Standard & Poors) | |
Par Amount:
|
$400,000,000.00 | |
Trade Date:
|
July 12, 2007 | |
Settlement Date:
|
July 17, 2007 | |
Maturity:
|
July 15, 2017 | |
Coupon (Interest Rate):
|
6.500% | |
Interest Payment Dates:
|
January 15 and July 15 of each year,
beginning on January 15, 2008 |
|
Price to Public:
|
99.906% | |
Yield to Maturity:
|
6.513% | |
Benchmark Treasury:
|
UST 4.500% 05/15/17 | |
Spread to Benchmark Treasury:
|
T + 140 bps | |
Benchmark Treasury Price and Yield:
|
95-09+; 5.113% | |
Make Whole Call:
|
T + 20 bps | |
Change of Control Offer:
|
At 101% upon occurrence of Change of Control Triggering Event | |
Joint Book-Running Managers:
|
Banc of America Securities LLC | |
ABN AMRO Incorporated | ||
Sr. Co-Managers
|
BNP Paribas Securities Corp. | |
HSBC Securities (USA) Inc. | ||
J.P. Morgan Securities Inc. | ||
Scotia Capital (USA) Inc. | ||
Co-Managers
|
BMO Capital Markets Corp. | |
Fortis Securities LLC | ||
Lazard Capital Markets LLC | ||
Wells Fargo Securities, LLC |