Issuer: |
Harsco Corporation | |
Title: |
5.75% Senior Notes due 2018 | |
Size: |
US$450,000,000 | |
Maturity: |
May 15, 2018 | |
Coupon: |
5.75% | |
Price: |
99.895% of face amount | |
Yield to maturity: |
5.764% | |
Spread to Benchmark Treasury: |
200bps | |
Benchmark Treasury: |
3.875% due 5/15/2018 | |
Benchmark Treasury Price and Yield: |
100-29+ / 3.764% | |
Interest Payment Dates: |
May 15 and November 15, commencing on |
|
November 15, 2008 | ||
Underwriting discount: |
0.650% | |
Net Proceeds to Issuer: |
$446,602,500 | |
Redemption Provisions: |
At any time for an amount equal to the | |
greater of par or make-whole at | ||
Treasury Rate plus 30bps as set forth | ||
in the Preliminary Prospectus | ||
Supplement dated May 12, 2008. | ||
Settlement: |
May 15, 2008 (T+3) | |
Use of Proceeds: |
To repay approximately $286 million of the | |
amount outstanding under the Issuers | ||
U.S. commercial paper program and | ||
approximately $160 million of the amount | ||
outstanding under the Issuers Euro | ||
commercial paper program and for other | ||
general corporate purposes. | ||
CUSIP: |
415864AJ6 | |
ISIN: |
US415864AJ61 | |
Long-term Debt Ratings: |
A3/A-/A- (stable/stable/stable)* | |
Joint Book-Running Managers |
J.P. Morgan Securities Inc. | |
Citigroup Global Markets Inc. | ||
Greenwich Capital Markets, Inc. |