Eaton Corp. FWP
 

Filed pursuant to Rule 433
Registration No. 333-130318
March 13, 2007
Final Terms Sheet for 5.300% Notes due 2017
           
 
Issuer:
     Eaton Corporation  
 
Securities Title:
     5.300% Notes due 2017  
 
Principal Amount:
     $250,000,000  
 
Maturity Date
     March 15, 2017  
 
Price to Public:
     99.640% of principal amount  
 
Coupon:
     5.300% per annum  
 
Benchmark Treasury:
     4.625% due February 15, 2017  
 
Benchmark Treasury Yield:
     4.497%  
 
Spread to Benchmark Treasury:
     Plus 85 basis points  
 
Yield to Maturity:
     5.347%  
 
Make-Whole Call:
     Treasury rate plus 15 basis points  
 
Expected Settlement Date:
     T+3; March 16, 2007  
 
Interest Payment Dates:
     Semi-annually on March 15 and September 15, commencing on September 15, 2007 and ending on the Maturity Date  
 
Underwriters:
     Citigroup Global Markets Inc.
J.P. Morgan Securities Inc.
UBS Securities LLC		  
 
The issuer has filed a registration statement (including a prospectus) with the SEC for the offerings 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, J.P. Morgan Securities, Inc. collect at 212-834-4533 or UBS Securities LLC toll free at 1-888-722-9555 ext. 1088.

 

 

Final Term Sheet for 5.800% Notes due 2037
           
 
Issuer:
     Eaton Corporation  
 
Securities Title:
     5.800% Notes due 2037  
 
Principal Amount:
     $250,000,000  
 
Maturity Date:
     March 15, 2037  
 
Price to Public:
     99.620% of principal amount  
 
Coupon:
     5.800% per annum  
 
Benchmark Treasury:
     4.500% due February 15, 2036  
 
Benchmark Treasury Yield:
     4.677%  
 
Spread to Benchmark Treasury:
     Plus 115 basis points  
 
Yield to Maturity:
     5.827%  
 
Make-Whole Call:
     Treasury rate plus 20 basis points  
 
Expected Settlement Date:
     T+3; March 16, 2007  
 
Interest Payment Dates:
     Semi-annually on March 15 and September 15, commencing on September 15, 2007 and ending on the Maturity Date  
 
Underwriters:
     Citigroup Global Markets Inc.
J.P. Morgan Securities Inc.
Morgan Stanley & Co. Incorporated		  
 
The issuer has filed a registration statement (including a prospectus) with the SEC for the offerings 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, J.P. Morgan Securities, Inc. collect at 212-834-4533 or Morgan Stanley & Co. Incorporated toll free at 1-866-718-1649.