FWP: Filing under Securities Act Rules 163/433 of free writing prospectuses
Published on November 17, 2009
Issuer
Free Writing Prospectus
Filed Pursuant to Rule 433
Registration No. 333-161347
November 17, 2009
Filed Pursuant to Rule 433
Registration No. 333-161347
November 17, 2009
AMB Property, L.P.
FINAL TERM SHEET
Dated: November 17, 2009
Issuer:
|
AMB Property, L.P. | |
Guarantor:
|
AMB Property Corporation | |
Securities:
|
6.125% Notes due 2016 (the 2016 Notes ) | |
| 6.625% Notes due 2019 (the 2019 Notes ) | ||
2016 Notes |
||
Size:
|
$250 million aggregate principal amount | |
Maturity:
|
December 1, 2016 | |
Coupon (Interest Rate):
|
6.125% | |
Yield to Maturity:
|
6.230% | |
Spread to Benchmark Treasury:
|
337.5 basis points | |
Benchmark Treasury:
|
3.125% due October 31, 2016 | |
Benchmark Treasury Price and Yield:
|
101-22; 2.855% | |
Interest Payment Dates:
|
June 1 and December 1 of each year, beginning on June 1, 2010 | |
Redemption Provision:
|
Treasury Rate plus 50 basis points | |
Price to Public:
|
99.407% | |
Trade Date:
|
November 17, 2009 | |
Settlement Date:
|
November 20, 2009 | |
CUSIP:
|
00163M AJ3 | |
2019 Notes |
||
Size:
|
$250 million aggregate principal amount | |
Maturity:
|
December 1, 2019 | |
Coupon (Interest Rate):
|
6.625% | |
Yield to Maturity:
|
6.698% | |
Spread to Benchmark Treasury:
|
337.5 basis points | |
Benchmark Treasury:
|
3.375% due November 15, 2019 | |
Benchmark Treasury Price and Yield:
|
100-14 ; 3.323% | |
Interest Payment Dates:
|
June 1 and December 1 of each year, beginning on June 1, 2010 | |
Redemption Provision:
|
Treasury Rate plus 50 basis points | |
Price to Public:
|
99.470% | |
Trade Date:
|
November 17, 2009 | |
Settlement Date:
|
November 20, 2009 | |
CUSIP:
|
00163M AK0 |
The issuer has filed a registration statement (including a prospectus) with the SEC for the
offering to which this communication relates. Before you invest, you should read the prospectus 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, a copy of the final prospectus supplement and prospectus relating to these
securities may be obtained, when available, by contacting Banc of America Securities LLC,
Attention: Prospectus Department, 100 West 33rd Street, 3rd Floor, New
York, NY 10001, Toll-Free: 1-800-294-1322, Email: dg.prospectus_distribution@bofasecurities.com;
J.P. Morgan Securities Inc., 270 Park Avenue, High Grade Syndicate Desk, 8th Floor,
New York, NY 10017, Telephone: 212-834-4533; or Morgan Stanley & Co. Incorporated, Attention:
Prospectus Department, 180 Varick Street, New York, NY 10014, Toll-Free: 1-866-718-1649, Email:
prospectus@morganstanley.com.