Issuer: |
|
Rockwell Collins, Inc. |
Title: |
|
3.100% Notes due 2021 |
Expected Ratings*: |
|
Moody’s: A1 (stable) / S&P: A (stable) / Fitch: A (stable) |
Principal Amount: |
|
$250,000,000 |
Trade Date: |
|
November 16, 2011 |
Settlement Date: |
|
November 21, 2011 (T+3) |
Maturity Date: |
|
November 15, 2021 |
Interest Payment Dates: |
|
May 15 and November 15, commencing May 15, 2012 |
Coupon: |
|
3.100% per annum, accruing from November 21, 2011 |
Public offering price: |
|
99.719% |
|
Benchmark Treasury: |
|
2.000% due November 15, 2021 |
Benchmark Treasury Price / Yield: |
|
99 - 22 + / 2.033% |
Spread to Benchmark Treasury: |
|
T + 110 bps |
Yield to Maturity: |
|
3.133% |
|
Optional Redemption Provisions: |
|
|
|
Make-whole Redemption |
|
At any time prior to August 15, 2021, in whole or in part, at the |
|
|
greater of 100% of the principal amount of notes being |
|
|
redeemed and at a make-whole redemption price |
|
|
determined by using a discount rate of the applicable |
|
|
Treasury Rate plus 20 basis points, plus, in each case, |
|
|
accrued and unpaid interest to the redemption date |
Par Redemption |
|
At any time on or after August 15, 2021, in whole or in part, at |
|
|
100% of the principal amount of the notes being redeemed, |
|
|
plus accrued and unpaid interest to the redemption date |
Denominations: |
|
$2,000 and integral multiples of $1,000 in excess thereof |
CUSIP/ISIN: |
|
774341 AC5 / US774341AC53 |
Joint Book-Running Managers: |
|
Citigroup Global Markets Inc. |
|
|
Merrill Lynch, Pierce, Fenner & Smith |
|
|
Incorporated |
|
|
Wells Fargo Securities, LLC |
Senior Co-Managers: |
|
J.P. Morgan Securities LLC |
|
|
UBS Securities LLC |
Co-Managers: |
|
KeyBanc Capital Markets Inc. |
|
|
Mizuho Securities USA Inc. |
|
|
Mitsubishi UFJ Securities (USA), Inc. |
|
|
BNY Mellon Capital Markets, LLC |
|
|
Credit Agricole Securities (USA) Inc. |
|
|
U.S. Bancorp Investments, Inc. |