ISSUER FREE WRITING PROSPECTUS
(RELATING TO THE PRELIMINARY PROSPECTUS
SUPPLEMENT DATED JULY 20, 2009 AND
THE PROSPECTUS DATED JULY 20, 2009)
FILED PURSUANT TO RULE 433
REGISTRATION NO. 333-160681
JULY 21, 2009
Bemis Company, Inc.
Pricing Term Sheet
$ 400,000,000 5.65% Senior Notes due 2014
$ 400,000,000 6.80% Senior Notes due 2019
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Issuer: |
Bemis Company, Inc. |
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Security Type: |
Senior Unsecured Notes |
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Ratings:* |
Baa1 (negative outlook) / BBB (stable outlook) |
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Pricing Date: |
July 20, 2009 |
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Settlement Date: |
July 27, 2009 (T+5) |
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Interest Payment Dates: |
February 1 and August 1, commencing February 1, 2010 |
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Denominations: |
$2,000 x 1,000 |
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Principal Amount: |
US $400,000,000 |
US $400,000,000 |
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Title: |
5.65% Senior Notes due 2014 |
6.80% Senior Notes due 2019 |
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Maturity: |
August 1, 2014 |
August 1, 2019 |
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Benchmark: |
2.625% notes due June 30, 2014 |
3.125% notes due May 15, 2019 |
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Benchmark Yield: |
2.439% |
3.593% |
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Re-Offer Spread to Benchmark: |
T+325bps |
T+325bps |
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Coupon: |
5.65% |
6.80% |
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Price to Public: |
99.831% |
99.691% |
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Yield to Maturity: |
5.689% |
6.843% |
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Optional Redemption: |
T+50 bps |
T+50 bps |
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CUSIP/ISIN: |
081437AG0 / US081437AG05 |
081437 AF2 / US081437AF22 |
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Joint-Bookrunners: |
J.P.
Morgan Securities Inc. Wells Fargo Securities, LLC |
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Co-Managers: |
ING Financial Markets LLC U.S. Bancorp Investments, Inc. |
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* Note: An explanation of the significance of ratings may be obtained from the rating agencies. Generally, rating agencies base their ratings on such material and information, and such of their own investigations, studies and assumptions, as they deem appropriate. The rating of the notes should be evaluated independently from similar ratings of other securities. A credit rating of a security is not a recommendation to buy, sell or hold securities and may be subject to review, revision, suspension, reduction or withdrawal at any time by the assigning rating agency.
The issuer has filed a registration statement (including a base prospectus) and a prospectus supplement with the U.S. Securities and Exchange Commission (SEC) for the offering to which this communication relates. Before you invest, you should read the prospectus supplement for this offering, the issuer’s prospectus in that registration statement and any 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 searching the SEC online data base (EDGAR) on the SEC web site at http://www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus supplement and prospectus if you request it by calling J.P. Morgan
Securities Inc. collect at 212-834-4533, Banc of America Securities LLC toll-free at 1-800-294-1322, BNP Paribas Securities Corp. toll-free at 1-800-854-5674 or Wells Fargo Securities, LLC toll-free at 1-800-326-5897.
This pricing term sheet supplements the preliminary form of prospectus supplement issued by Bemis Company, Inc. on July 20, 2009 relating to their prospectus dated July 20, 2009.
Any disclaimer or other notice that may appear below is not applicable to this communication and should be disregarded. Such disclaimer or notice was automatically generated as a result of this communication being sent by Bloomberg or another email system.