Free Writing Prospectus
Filed pursuant to Rule 433
Dated January 15, 2009
Relating to
Preliminary Prospectus Supplement dated January 15, 2009 to
Prospectus dated November 25, 2008
Registration Statement No. 333-155674
Final Term Sheet
$500,000,000 4.875% Notes due 2019
Issuer: |
Emerson Electric Co. |
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Principal Amount: |
$500,000,000 |
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Title of Securities: |
4.875% Notes due 2019 |
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Trade Date: |
January 15, 2009 |
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Original Issue Date (Settlement Date): |
January 21, 2009 |
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Maturity Date: |
October 15, 2019 |
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Benchmark Treasury: |
3.750% Notes due November 15, 2018 |
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Benchmark Treasury Yield: |
2.222% |
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Spread to Benchmark Treasury: |
270 basis points |
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Interest Rate: |
4.875% per annum |
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Yield to Maturity: |
4.922% |
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Public Offering Price: |
99.619% |
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Gross Proceeds to Issuer: |
$498,095,000 |
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Interest Payment Dates: |
Semi-annually in arrears on each April 15 and October 15, commencing April 15, 2009. |
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Redemption Provision: |
Make-whole call at the Treasury Rate plus 40 basis points. |
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Joint Book-Running Managers: |
Banc of America Securities LLC |
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J.P. Morgan Securities Inc. |
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Co-Managers: |
Barclays Capital Inc. |
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BNP Paribas Securities Corp. |
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Citigroup Global Markets Inc. |
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Morgan Stanley & Co. Incorporated |
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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 Banc of America Securities LLC toll-free at 1-800-294-1322 or J.P. Morgan Securities Inc. toll-free at 1-212-843-4533.
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