FWP

Filed Pursuant to Rule 433

Registration Statement No. 333-183092

Dated March 7, 2013

Allergan, Inc.

PRICING TERM SHEET

This pricing term sheet relates only to the securities described below and supplements and should be read together with the preliminary prospectus supplement, dated March 7, 2013 and the accompanying prospectus (including the documents incorporated by reference) relating to these securities.

 

    

1.350% Notes due 2018 (“2018 Notes”)

2.800% Notes due 2023 (“2023 Notes”)

  Issuer:    Allergan, Inc.
  Ratings*:    Moody’s: A3 (stable) / S&P: A+ (stable) / Fitch: A+ (stable)
  Format:    SEC Registered
  Ranking:    Senior Unsecured
  Offering Size:   

2018 Notes: $250,000,000

2023 Notes: $350,000,000

  Trade Date:    March 7, 2013
  Settlement Date:    March 12, 2013 (T+3)
  Maturity Date:   

2018 Notes: March 15, 2018

2023 Notes: March 15, 2023

  Interest Payment Dates:    Payable semi-annually in arrears on March 15 and September 15
  First Pay Date:    September 15, 2013
  Treasury Benchmark:   

2018 Notes: 0.750% due February 28, 2018

2023 Notes: 2.000% due February 15, 2023

  UST Spot (PX / Yield):   

2018 Notes: 99-17+ / 0.843%

2023 Notes: 100-05 / 1.983%

  Re-offer Spread to UST:   

2018 Notes: 55 bps

2023 Notes: 85 bps

  Re-offer Yield to Maturity:   

2018 Notes: 1.393%

2023 Notes: 2.833%

  Coupon:   

2018 Notes: 1.350%

2023 Notes: 2.800%

  Issue Price:   

2018 Notes: 99.793%

2023 Notes: 99.714%

  Net Proceeds to Issuer:    $594,706,500
  Day Count Basis:    30 / 360
  Make-Whole Call:   

2018 Notes: At any time prior to maturity, at a discount rate of Treasury plus 10 basis points

2023 Notes: At any time prior to December 15, 2022, at a discount rate of Treasury plus 15 basis points

  Par Call:   

2018 Notes: None

2023 Notes: On or after December 15, 2022

 

 


  CUSIP / ISIN:   

2018 Notes: 018490AP7 / US018490AP75

2023 Notes: 018490AQ5 / US018490AQ58

  Bookrunners:   

Goldman, Sachs & Co.

Merrill Lynch, Pierce, Fenner & Smith

                   Incorporated

Citigroup Global Markets Inc.

J.P. Morgan Securities LLC

Morgan Stanley & Co. LLC

  Co-Manager:    Wells Fargo Securities, LLC

* 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 has filed a registration statement (including a prospectus and a prospectus supplement) with the Securities and Exchange Commission (“SEC”) for the offering to which this communication relates. Before you invest, you should read the prospectus and prospectus supplement 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 and prospectus supplement if you request them by calling Goldman, Sachs & Co. toll free at 1-866-471-2526 or Merrill Lynch, Pierce, Fenner & Smith Incorporated toll free at 1-800-294-1322.