Issuer:
|
General Mills, Inc. | |||
Size:
|
$700,000,000 | |||
Maturity:
|
September 10, 2012 | |||
Coupon:
|
5.650% | |||
Price to Public:
|
99.842% | |||
Yield to maturity:
|
5.686% | |||
Spread to Benchmark Treasury:
|
+127 basis points | |||
Benchmark Treasury:
|
UST 4.625% due July 31, 2012 | |||
Benchmark Treasury Yield:
|
4.416% | |||
Interest Payment Dates:
|
March 10 and September 10, commencing March 10, 2008 | |||
Day Count Convention:
|
30/360 | |||
Redemption Provisions: |
||||
Make-whole call
|
At any time at a discount rate of U.S. Treasury plus 20 basis points | |||
Change of Control Offer to Purchase:
|
If a change of control triggering event occurs, unless General Mills has exercised its right to redeem the notes, it will be required to make an offer to purchase the notes at a purchase price equal to 101% of the principal amount of the notes, plus accrued and unpaid interest, if any, to the date of repurchase. | |||
Pricing:
|
August 24, 2007 | |||
Settlement:
|
August 29, 2007 | |||
Use of Proceeds:
|
To repay a portion of outstanding commercial paper. | |||
Denominations:
|
$2,000 and integral multiples of $1,000 in excess thereof | |||
Ratings:
|
Baa1/BBB+/BBB+ | |||
Joint Book-running Managers:
|
Citigroup Global Markets Inc. Deutsche Bank Securities Inc. Merrill Lynch, Pierce, Fenner & Smith Incorporated |