Filed pursuant to Rule 433
Registration Statement No. 333-130318
May 15, 2008
Registration Statement No. 333-130318
May 15, 2008
Final Term Sheet for 4.900% Notes due 2013
Issuer:
|
Eaton Corporation | ||||||
Securities Title:
|
4.900% Notes due 2013 | ||||||
Principal Amount:
|
$300,000,000 | ||||||
Maturity Date:
|
May 15, 2013 | ||||||
Price to Public:
|
99.926% of principal amount | ||||||
Coupon:
|
4.900% per annum | ||||||
Benchmark Treasury:
|
3.125% due April 30, 2013 | ||||||
Benchmark Treasury Yield:
|
3.097% | ||||||
Spread to Benchmark Treasury:
|
Plus 182 basis points | ||||||
Yield to Maturity:
|
4.917% | ||||||
Make-Whole Call:
|
Treasury rate plus 30 basis points | ||||||
Expected Settlement Date:
|
T+3; May 20, 2008 | ||||||
Interest Payment Dates:
|
Semi-annually on May 15 and November 15, commencing on November 15, 2008 and ending on the Maturity Date |
||||||
Interest Payment Record Dates:
|
May 1 and November 1 immediately preceding the applicable Interest Payment Date |
||||||
Joint Book-Running Managers:
|
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.
Final Term Sheet for 5.600% Notes due 2018
Issuer:
|
Eaton Corporation | ||||||
Securities Title:
|
5.600% Notes due 2018 | ||||||
Principal Amount:
|
$450,000,000 | ||||||
Maturity Date:
|
May 15, 2018 | ||||||
Price to Public:
|
99.744% of principal amount | ||||||
Coupon:
|
5.600% per annum | ||||||
Benchmark Treasury:
|
3.875% due May 15, 2018 | ||||||
Benchmark Treasury Yield:
|
3.814% | ||||||
Spread to Benchmark Treasury:
|
Plus 182 basis points | ||||||
Yield to Maturity:
|
5.634% | ||||||
Make-Whole Call:
|
Treasury rate plus 30 basis points | ||||||
Expected Settlement Date:
|
T+3; May 20, 2008 | ||||||
Interest Payment Dates:
|
Semi-annually on May 15 and November 15, commencing on November 15, 2008 and ending on the Maturity Date |
||||||
Interest Payment Record Dates:
|
May 1 and November 1 immediately preceding the applicable Interest Payment Date |
||||||
Joint Book-Running Managers:
|
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.