ISSUER:
|
Masco Corporation | |
TITLE OF SECURITIES:
|
6.125% Notes due 2016 | |
RATINGS:
|
Baa1 by Moodys Investors Service, Inc and BBB+ by Standard & Poors Rating Services | |
TRADE DATE:
|
September 28, 2006 | |
SETTLEMENT DATE (T+3):
|
October 3, 2006 | |
MATURITY DATE:
|
October 3, 2016 | |
AGGREGATE PRINCIPAL AMOUNT OFFERED:
|
$1,000,000,000 | |
PRICE TO PUBLIC (ISSUE PRICE):
|
99.491% | |
BENCHMARK:
|
UST 4.875% due August 15, 2016 | |
BENCHMARK TREASURY YIELD:
|
4.614% | |
SPREAD TO TREASURY:
|
158 basis points | |
INTEREST RATE:
|
6.125% per annum | |
INTEREST PAYMENT DATES:
|
Semi-annually on each April 3 and October 3; commencing on April 3, 2007 | |
DENOMINATIONS:
|
$1,000 by $1,000 | |
OPTIONAL REDEMPTION:
|
Make-whole call at any time at the greater of 100% of the principal amount of the notes being redeemed or discounted present value at the treasury rate plus 25 basis points | |
JOINT BOOKRUNNERS:
|
Merrill Lynch, Pierce, Fenner & Smith Incorporated, Citigroup Global Markets Inc. and J.P. Morgan Securities Inc. | |
CO-MANAGERS:
|
Banc of America Securities LLC, BNP Paribas Securities Corp., Comerica Securities, Inc., Daiwa Securities America Inc., KeyBanc Capital Markets, a division of McDonald Investments, Inc., Lazard Capital Markets LLC, RBC Capital Markets Corporation and SunTrust Capital Markets, Inc. | |
CUSIP:
|
574599BD7 |