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Issuer Free Writing Prospectus, dated December 2, 2010
Filed pursuant to Rule 433 under the Securities Act of 1933
Supplementing the Preliminary Prospectus dated December 2, 2010
Registration Statement No. 333-170456
(COOPER LOGO)
COOPER US, INC.
2.375% Senior Notes due 2016
3.875% Senior Notes due 2020
guaranteed by
COOPER INDUSTRIES plc
(and specified subsidiaries)
Final Term Sheet
December 2, 2010
         
Issuer:
   Cooper US, Inc.    
 
        
Guarantors:   Cooper Industries plc, Cooper Industries, Ltd., Cooper B-Line,
Inc., Cooper Bussmann, LLC, Cooper Crouse-Hinds, LLC,
Cooper Lighting, LLC, Cooper Power Systems, LLC. and
Cooper Wiring Devices, Inc.
 
        
Settlement Date:
   December 7, 2010 (T+3)    
 
        
Anticipated Ratings:   Moody’s: A3 (Stable) / S&P: A (Stable) / Fitch: A (Stable)
 
        
Format:
   SEC Registered    
 
        
Joint Book-Running Managers:   Citigroup Global Markets Inc.
Goldman, Sachs & Co. Merrill Lynch, Pierce, Fenner & Smith Incorporated
Barclays Capital Inc.
Deutsche Bank Securities Inc.
 
        
Co-Managers:   ANZ Securities, Inc.
BNY Mellon Capital Markets, LLC
HSBC Securities (USA) Inc.
PNC Capital Markets LLC
RBS Securities Inc.
The Williams Capital Group, L.P.
UBS Securities LLC
Wells Fargo Securities, LLC

 

 

         
 
   2016 Notes   2020 Notes
 
        
Size:
   $250,000,000   $250,000,000
 
        
Maturity:
   January 15, 2016   December 15, 2020
 
        
Coupon (Interest Rate):
   2.375%   3.875%
 
        
Price to Public:
   99.817%   99.523%
 
        
Yield to Maturity:
   2.413%   3.933%
 
        
Spread to Benchmark Treasury:
   +75 basis points   +95 basis points
 
        
Benchmark Treasury:
   1.375% due November 30, 2015   2.625% due November 30, 2020
 
        
Benchmark Treasury Price and Yield:
   98-20; 1.663%   96-30; 2.983%
 
        
Proceeds, before expenses, to
   $248,042,500   $247,182,500
Cooper from the offering of
        
the notes contemplated by
        
this final term sheet:
        
 
        
Redemption Provisions:
   Make Whole Call -UST +12.5
   Make Whole Call -UST +15
 
   basis points   basis points
 
        
 
   Redemption for Changes in
   Par Call -- At any time on or
 
   Withholding Taxes -Par   after September 15, 2020
 
        
 
       Redemption for Changes in
 
       Withholding Taxes -Par
 
        
Interest Payment Dates:
   January 15 and July 15,   June 15 and December 15,
 
   commencing July 15, 2011   commencing June 15, 2011
 
        
CUSIP/ISIN:
   216871 AF0/US216871AF01   216871 AE3/US216871AE36
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 and the guarantors have 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 by calling Citigroup Global Markets Inc. at (877) 858-5407, Goldman, Sachs & Co. at (866) 471-2526 or Merrill Lynch, Pierce, Fenner & Smith Incorporated at (800) 294-1322.