Filed Pursuant to Rule 433
Registration Statement No. 333-147664
Supplementing the Preliminary Prospectus
Supplement dated April 20, 2010
(To Prospectus dated November 28, 2007)
NORDSTROM, INC.
Final Term Sheet
April 20, 2010
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Issuer: |
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Nordstrom, Inc. |
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Size: |
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$500,000,000 |
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Maturity: |
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May 1, 2020 |
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Coupon (Interest Rate): |
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4.750% |
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Yield to Maturity: |
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4.805% |
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Spread to Benchmark Treasury: |
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+ 100 basis points |
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Benchmark Treasury: |
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3.625% due February 20, 2020 |
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Benchmark Treasury Yield: |
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98-17; 3.805% |
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Interest Payment Dates: |
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November 1 and May 1, commencing November 1, 2010 |
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Redemption Provision: |
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In whole or in part, at any time, at the Issuer’s option, at the greater of (i) 100% of principal amount or (ii) discounted present value at the Treasury Rate plus 15 basis points |
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Price to Public: |
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99.565% |
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Settlement Date: |
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April 23, 2010 |
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CUSIP: |
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655664 AN0 |
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Joint Book-Running Managers: |
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Goldman, Sachs & Co. |
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Morgan Stanley & Co. Incorporated |
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Senior Co-Managers: |
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Banc of America Securities LLC |
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RBS Securities Inc. |
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U.S. Bancorp Investments, Inc. |
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Wells Fargo Securities, LLC |
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Co-Managers: |
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Fifth Third Securities, Inc. |
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Loop Capital Markets LLC |
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,
you may obtain a copy of the prospectus by contacting Goldman, Sachs & Co. at 1-866-471-2526 or
prospectus-ny@ny.email.gs.com, or Morgan Stanley & Co. Incorporated at 1-866-718-1649.