Filed pursuant to Rule 433
Registration No. 333-160966
Dated March 4, 2010
Registration No. 333-160966
Dated March 4, 2010
FINAL TERM SHEET
1.800% Senior Notes Due 2013
Issuer:
|
Baxter International Inc. | |
Ratings:
|
A3 / A+ / A (stable outlook / positive outlook / stable outlook) | |
Format:
|
SEC Registered | |
Ranking:
|
Senior Notes | |
Offering Size:
|
$300,000,000 | |
Trade Date:
|
March 4, 2010 | |
Settlement Date:
|
March 9, 2010 (T+3) | |
Maturity:
|
March 15, 2013 | |
Interest Payment Dates:
|
Semi-annually on each March 15th and September 15th | |
First Pay Date:
|
September 15, 2010 | |
Treasury Benchmark:
|
1.375% due 02/15/2013 | |
Benchmark (Price / Yield):
|
100-03 1/4 / 1.340% | |
Spread to UST:
|
T+50 bps | |
Re-offer Yield to Maturity:
|
1.840% | |
Coupon:
|
1.800% | |
Issue Price:
|
99.883% | |
Day Count Basis:
|
30 / 360 | |
Optional Redemption:
|
Make Whole +10 bps | |
Minimum Denomination:
|
$2,000 x $1,000 |
CUSIP / ISIN:
|
071813 BB4 / US071813BB46 | |
Bookrunners:
|
Credit Suisse Securities (USA) LLC | |
| Deutsche Bank Securities Inc. | ||
| Goldman, Sachs & Co. | ||
Co-manager:
|
Citigroup Global Markets Inc. | |
| Mizuho Securities USA Inc. | ||
| RBS Securities Inc. | ||
| UBS Securities LLC |
Note: A securities rating is not a recommendation to buy, sell or hold securities and may be
subject to revision or withdrawal at any time.
The issuer has filed a registration statement (including a prospectus) with the SEC for the
offering 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. In the
case of Credit Suisse Securities (USA) LLC, you may request the prospectus by contacting Credit
Suisse Securities (USA) LLC, 11 Madison Avenue, New York, NY 10010, telephone: 1.800.221.1037,
facsimile: 212.743.5041; in the case of Goldman, Sachs & Co., you may request the prospectus by
contacting Goldman, Sachs & Co., Prospectus Department, 200 West Street, New York, NY 10282,
telephone: 1.866.471.2526, facsimile: 1.212.902.9316 or by emailing prospectus-ny@ny.email.gs.com;
in the case of Deutsche Bank Securities Inc., you may request the prospectus by contacting Deutsche
Bank Securities Inc., Attn: Prospectus Department, 100 Plaza One, Jersey City, NJ 07311, telephone:
1.800.503.4611, or by emailing prospectusrequest@list.db.com.
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FINAL TERM SHEET
4.250% Senior Notes Due 2020
Issuer:
|
Baxter International Inc. | |
Ratings:
|
A3 / A+ / A (stable outlook / positive outlook / stable outlook) | |
Format:
|
SEC Registered | |
Ranking:
|
Senior Notes | |
Offering Size:
|
$300,000,000 | |
Trade Date:
|
March 4, 2010 | |
Settlement Date:
|
March 9, 2010 (T+3) | |
Maturity:
|
March 15, 2020 | |
Interest Payment Dates:
|
Semi-annually on each March 15th and September 15th | |
First Pay Date:
|
September 15, 2010 | |
Treasury Benchmark:
|
3.625% due 02/15/2020 | |
Benchmark (Price / Yield):
|
100-07 / 3.598% | |
Spread to UST:
|
T+70 bps | |
Re-offer Yield to Maturity:
|
4.298% | |
Coupon:
|
4.250% | |
Issue Price:
|
99.612% | |
Day Count Basis:
|
30 / 360 | |
Optional Redemption:
|
Make Whole +12.5 bps | |
Minimum Denomination:
|
$2,000 x $1,000 | |
CUSIP / ISIN:
|
071813 BC2 / US071813BC29 |
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Bookrunners:
|
Credit Suisse Securities (USA) LLC | |
| Deutsche Bank Securities Inc. | ||
| Goldman, Sachs & Co. | ||
Co-manager:
|
Citigroup Global Markets Inc. | |
| Mizuho Securities USA Inc. | ||
| RBS Securities Inc. | ||
| UBS Securities LLC |
Note: A securities rating is not a recommendation to buy, sell or hold securities and may be
subject to revision or withdrawal at any time.
The issuer has filed a registration statement (including a prospectus) with the SEC for the
offering 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. In the
case of Credit Suisse Securities (USA) LLC, you may request the prospectus by contacting Credit
Suisse Securities (USA) LLC, 11 Madison Avenue, New York, NY 10010, telephone: 1.800.221.1037,
facsimile: 212.743.5041; in the case of Goldman, Sachs & Co., you may request the prospectus by
contacting Goldman, Sachs & Co., Prospectus Department, 200 West Street, New York, NY 10282,
telephone: 1.866.471.2526, facsimile: 1.212.902.9316 or by emailing prospectus-ny@ny.email.gs.com;
in the case of Deutsche Bank Securities Inc., you may request the prospectus by contacting Deutsche
Bank Securities Inc., Attn: Prospectus Department, 100 Plaza One, Jersey City, NJ 07311, telephone:
1.800.503.4611, or by emailing prospectusrequest@list.db.com.
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