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*: | Moodys: 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.