Filed Pursuant to Rule 433
Registration Statement No. 333-210279
PerkinElmer, Inc.
Pricing Term Sheet
€500,000,000 1.875% Notes due 2026
| Issuer: | PerkinElmer, Inc. | |
| Ratings: | Baa3 (stable outlook) / BBB (stable outlook) / BBB (stable outlook) (1) | |
| Trade Date:
Settlement Date:
Security Type: |
July 12, 2016
T+5; July 19, 2016 (2)
Senior Unsecured Notes | |
| Offering Format: | SEC Registered | |
| Principal Amount: | €500,000,000 | |
| Interest Payment Dates: | Annually on July 19 of each year, beginning July 19, 2017 | |
| Maturity Date: | July 19, 2026 | |
| Coupon: | 1.875% | |
| Price to Public: | 99.118%, plus accrued interest, if any, from July 19, 2016 | |
| Net Proceeds to Issuer: | €492,340,000 | |
| Yield to Maturity: | 1.973% | |
| Benchmark Bund: | DBR 0.500% due February 15, 2026 | |
| Benchmark Bund Price and Yield: | 105.850%; -0.107% | |
| Spread to Benchmark Bund: | +208 bps | |
| Mid-Swap Yield: | 0.323% | |
| Spread to Mid-Swap Yield: | +165 bps | |
| Make-Whole Call: | At any time prior to April 19, 2026 at +35 bps | |
| Par Call: | At any time on or after April 19, 2026 | |
| Change of Control: | Upon the occurrence of a change of control triggering event, we may be required to offer to repurchase all or a portion of the notes at a price equal to 101% of principal plus accrued and unpaid interest to, but excluding, the repurchase date. | |
| Redemption for Tax Reasons: | In the event of certain changes in the tax laws of the United States, we may redeem all, but not part, of the notes at a price equal to 100% of the principal amount of the notes to be redeemed, together with accrued and unpaid interest to, but excluding, the redemption date. | |
| CUSIP / ISIN / Common Code: | U7135MAB7 / XS1405780617 / 140578061 | |
| Denominations: | €100,000 and integral multiples of €1,000 in excess thereof | |
| Day Count Convention: | ACTUAL / ACTUAL (ICMA) | |
| Listing: | Application will be made to list the notes on the New York Stock Exchange. | |
| Clearing and Settlement: | Euroclear / Clearstream | |
| Stabilization: | Stabilization/FCA | |
| Joint Book-Running Managers: | J.P. Morgan Securities plc Barclays Bank PLC | |
| Senior Co-Manager: | Merrill Lynch International | |
| Co-Managers: | Citigroup Global Markets Limited Mizuho International plc TD Securities (USA) LLC U.S. Bancorp Investments, Inc. Wells Fargo Securities International Limited | |
| (1) | 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. |
| (2) | We expect that delivery of the notes will be made against payment thereof on or about the settlement date specified in this communication, which will be the fifth business day following the date of pricing of the notes (this settlement cycle being referred to as “T+5”). Under Rule 15c6-1 of the U.S. Securities and Exchange Commission (the “SEC”) under the Securities Exchange Act of 1934, trades in the secondary market generally are required to settle in three business days, unless the parties to any such trade expressly agree otherwise. Accordingly, purchasers who wish to trade notes on the date of pricing or the next succeeding business day will be required, by virtue of the fact that the notes initially will settle in T+5, to specify an alternate settlement cycle at the time of any such trade to prevent a failed settlement. Purchasers of notes who wish to trade notes on the date of pricing or the next succeeding business day should consult their own advisors. |
The issuer has filed a registration statement (including a base prospectus) and a preliminary prospectus supplement with the SEC for the offering to which this communication relates. The issuer files annual, quarterly, and current reports, proxy statements and other information with the SEC. Before you invest, you should read the preliminary prospectus supplement for this offering, the issuer’s prospectus in the registration statement and any other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. We urge you to read these documents and any other relevant documents when they become available because they contain and will contain important information about the issuer and this offering. You may
get these documents for free by searching the SEC online database (EDGAR) on the SEC’s web site at http://www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in this offering will arrange to send you, when available, the prospectus supplement and the prospectus if you request it by calling J.P. Morgan Securities plc collect at +44-207-134-2468 or Barclays Bank PLC toll free at 1-888-603-5847.
This pricing term sheet supplements the preliminary prospectus supplement issued by PerkinElmer, Inc. on July 12, 2016 relating to its prospectus dated March 18, 2016.
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