Filed Pursuant to Rule 433
Registration No. 333-126631
Dated September 13, 2006
Registration No. 333-126631
Dated September 13, 2006
$200,000,000
5.625% Senior Notes due 2011
5.625% Senior Notes due 2011
Final Term Sheet
Issuer:
|
MGIC Investment Corporation | |
Ratings:
|
A1 / A | |
Format:
|
SEC Registered | |
Ranking:
|
Senior Unsecured | |
Size:
|
$200,000,000 | |
Trade Date:
|
September 13, 2006 | |
Settlement Date:
|
September 18, 2006 | |
Final Maturity:
|
September 15, 2011 | |
Interest Payment Dates:
|
Semi-annually on March 15 and September 15 | |
First Pay Date:
|
March 15, 2007 | |
Pricing Benchmark:
|
4.625% UST due August 31, 2011 | |
UST Spot (PX/Yield):
|
99-24 1/4 / 4.68% | |
Spread to Benchmark:
|
+95 basis points | |
Yield to Maturity:
|
5.63% | |
Coupon:
|
5.625% | |
Price:
|
99.979% | |
Underwriters’ Commission:
|
0.60% | |
Proceeds to Issuer:
|
$198,758,000 | |
Day Count:
|
30/360 | |
Optional Redemption:
|
Treasury Rate plus 0.15% | |
Minimum Denominations:
|
$1,000 | |
Bookrunners:
|
BNP Paribas Securities Corp. Lehman Brothers Inc. |
|
Co-managers:
|
Banc of America Securities LLC Deutsche Bank Securities Inc. LaSalle Financial Services, Inc. Piper Jaffray & Co. |
|
CUSIP:
|
552845AG4 | |
Exchange Listing:
|
None |
This communication is intended for the sole use of the person to whom it is provided by us.
The issuer has filed registration statements (including prospectuses) with the SEC for the
offering to which this communication relates. Before you invest, you should read the prospectuses
in those registration statements 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 toll-free: BNP Paribas at 1-800-854-5674 and Lehman Brothers at 1-888-603-5847.