Filed Pursuant to Rule 433
Dated June 5, 2012
Registration Statement No. 333-176858
Relating to Preliminary Prospectus Supplement
Dated June 5, 2012 to
Prospectus dated September 15, 2011
DEERE & COMPANY
2.600% Notes due 2022
3.900% Notes due 2042
Term Sheet dated June 5, 2012
|
Issuer: |
|
Deere & Company | ||
|
|
|
| ||
|
Trade Date: |
|
June 5, 2012 | ||
|
|
|
| ||
|
Type of Offering: |
|
SEC registered | ||
|
|
|
| ||
|
Expected Ratings*: |
|
Moody’s Investors Service, Inc.: A2; | ||
|
|
|
| ||
|
Settlement Date: |
|
June 8, 2012 | ||
|
|
|
| ||
|
Security: |
|
2.600% Notes due 2022 (the “2022 Notes”) |
|
3.900% Notes due 2042 (the “2042 Notes”) |
|
|
|
|
|
|
|
Size: |
|
$1,000,000,000 |
|
$1,250,000,000 |
|
|
|
|
|
|
|
Maturity Date: |
|
June 8, 2022 |
|
June 9, 2042 |
|
|
|
|
|
|
|
Interest Payment Dates: |
|
June 8 and December 8, beginning on December 8, 2012 |
|
June 9 and December 9, beginning on December 9, 2012 |
|
|
|
|
|
|
|
Benchmark Treasury: |
|
1.750% UST due May 15, 2022 |
|
3.125% UST due February 15, 2042 |
|
|
|
|
|
|
|
Benchmark Treasury Yield and Price: |
|
1.579%; 101-18 |
|
2.642%; 109-28+ |
|
|
|
|
|
|
|
Yield to Maturity: |
|
2.629% |
|
3.942% |
|
|
|
|
|
|
|
Spread to Benchmark Treasury: |
|
105 basis points |
|
130 basis points |
|
Coupon (Interest Rate): |
|
2.600% per year |
|
3.900% per year |
|
|
|
|
|
|
|
Price to Public: |
|
99.746% of principal amount, plus accrued interest, if any, from June 8, 2012 |
|
99.265% of principal amount, plus accrued interest, if any, from June 8, 2012 |
|
|
|
|
|
|
|
Optional Redemption: |
|
On or after March 8, 2022, at a redemption price equal to 100% of the principal amount of the 2022 Notes to be redeemed, plus accrued interest thereon to the date of redemption. |
|
On or after December 9, 2041, at a redemption price equal to 100% of the principal amount of the 2042 Notes to be redeemed, plus accrued interest thereon to the date of redemption. |
|
|
|
|
|
|
|
CUSIP: |
|
244199BE4 |
|
244199BF1 |
|
|
|
| ||
|
Joint Book-Running Managers: |
|
Citigroup Global Markets Inc. Deutsche Bank Securities Inc. Merrill Lynch, Pierce, Fenner & Smith | ||
|
|
|
| ||
|
Senior Co-Managers: |
|
Barclays Capital Inc. Credit Suisse Securities (USA) LLC Goldman, Sachs & Co. HSBC Securities (USA) Inc. Mitsubishi UFJ Securities (USA), Inc. RBC Capital Markets, Inc. | ||
|
|
|
| ||
|
Co-Managers: |
|
BNP Paribas Securities Corp. BNY Mellon Capital Markets, LLC Fifth Third Securities, Inc. Morgan Stanley & Co. LLC Santander Investment Securities Inc. Standard Chartered Bank TD Securities (USA) LLC U.S. Bancorp Investments, Inc. Wells Fargo Securities, LLC | ||
*A securities rating is not a recommendation to buy, sell or hold the securities and may be subject to revision or withdrawal at any time.
Standard Chartered Bank will not effect any offers or sales of any Notes in the United States unless it is through one or more U.S. registered broker-dealers as permitted by the regulations of the Financial Industry Regulatory Authority, Inc.
The issuer has filed a registration statement (including a prospectus) and a preliminary prospectus supplement with the SEC for the offering to which this communication relates. Before you invest, you should read the preliminary prospectus supplement and 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 preliminary prospectus supplement and the prospectus if you request it by calling Citigroup Global Markets Inc. at (877) 858-5407, Deutsche Bank Securities Inc. at (800) 503-4611, J.P. Morgan Securities LLC at (212) 834-4533 (collect) and Merrill Lynch, Pierce, Fenner & Smith Incorporated at (800) 294-1322.
Any disclaimers or other notices that may appear below are not applicable to this communication and should be disregarded. Such disclaimers or other notices were automatically generated as a result of this communication being sent via Bloomberg or another email system.