ISSUER FREE WRITING PROSPECTUS
(RELATING TO THE PRELIMINARY PROSPECTUS
SUPPLEMENT DATED MAY 18, 2009 AND
THE PROSPECTUS DATED MAY 11, 2009)
FILED PURSUANT TO RULE 433
REGISTRATION NO. 333-159111
MAY 18, 2009
(RELATING TO THE PRELIMINARY PROSPECTUS
SUPPLEMENT DATED MAY 18, 2009 AND
THE PROSPECTUS DATED MAY 11, 2009)
FILED PURSUANT TO RULE 433
REGISTRATION NO. 333-159111
MAY 18, 2009
AFLAC INCORPORATED
8.500% SENIOR NOTES DUE 2019
FINAL TERM SHEET
8.500% SENIOR NOTES DUE 2019
FINAL TERM SHEET
Dated May 18, 2009
Issuer:
|
Aflac Incorporated | |
Ratings*:
|
A2 (Moody’s)/A- (S&P)/A (Fitch) | |
Security Type:
|
Senior Unsecured Fixed Rate Notes | |
Trade Date:
|
May 18, 2009 | |
Settlement Date (T+3):
|
May 21, 2009 | |
Denominations:
|
$2,000 and integral multiples of $1,000 in excess thereof | |
Joint Book-Running Managers:
|
Goldman, Sachs & Co. (45%) J.P. Morgan Securities Inc. (45%) |
|
Co-Managers:
|
Banc of America Securities LLC (5%) Sandler O’Neill & Partners, L.P. (5%) |
|
Principal Amount:
|
$850,000,000 | |
Public Offering Price:
|
100% of principal amount | |
Underwriting Discount:
|
0.65% | |
Proceeds, Before Expenses:
|
99.35% | |
Maturity Date:
|
May 15, 2019 | |
Coupon:
|
8.500% | |
Benchmark Treasury:
|
3.125% due May 15, 2019 | |
Spread to Benchmark:
|
+530 basis points (5.300%) | |
Treasury Strike:
|
3.200% | |
Re-offer Yield:
|
8.500% | |
Interest Payment Dates:
|
Semi-annually on May 15 and November 15, commencing on November 15, 2009 | |
Record Dates:
|
May 1 and November 1 | |
Redemption Provisions: |
||
Make-whole call:
|
At any time at a discount rate of Treasury plus 50 basis points | |
CUSIP:
|
001055 AC6 |
*Note: 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 related prospectus
supplement) with the U.S. Securities and Exchange Commission (SEC) for this offering. Before you
invest, you should read the prospectus supplement and prospectus for this offering 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 EDGAR at
the SEC web site at www.sec.gov. Alternatively, you may obtain a copy of the prospectus by calling
Goldman, Sachs & Co. toll-free at 1-866-471-2526 or J.P. Morgan Securities Inc. collect at
1-212-834-4533.
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