Issuer:
|
Archer-Daniels-Midland Company | |
Ratings (Moodys/S&P/Fitch):
|
A2/A/A+ | |
Format:
|
SEC Registered | |
Ranking:
|
Senior Unsecured | |
Size:
|
$700,000,000 | |
Trade Date:
|
February 28, 2008 | |
Settlement Date:
|
March 4, 2008 | |
Final Maturity:
|
March 15, 2018 | |
Interest Payment Dates:
|
Semi-annually on March 15 and September 15 | |
First Interest Payment Date:
|
September 15, 2008 | |
Pricing Benchmark:
|
UST 3-1/2% due February 15, 2018 | |
UST Spot (PX/Yield):
|
98.11; 3.700% | |
Spread to Benchmark:
|
175 bps | |
Yield to Maturity:
|
5.450% | |
Coupon:
|
5.450% | |
Price to Public:
|
99.998% | |
Day Count:
|
30/360 | |
Optional Redemption:
|
Make-Whole T+ 30 bps | |
Bookrunners:
|
Banc of America Securities LLC | |
Citigroup Global Markets Inc. | ||
J.P. Morgan Securities Inc. | ||
Co-managers:
|
Barclays Capital Inc. | |
BNP Paribas Securities Corp. | ||
Deutsche Bank Securities Inc. | ||
HSBC Securities (USA) Inc. | ||
Mitsubishi UFJ Securities International plc | ||
Rabobank Securities USA, Inc. | ||
CUSIP:
|
039483 AY 8 | |
Exchange Listing:
|
None |