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Free Writing Prospectus Filed Pursuant to Rule 433
(Related to Preliminary Prospectus Supplement Dated November 30,
2010)
Registration No. 333-159688
HARRIS CORPORATION
FINAL TERM SHEET
Dated: November 30, 2010
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Issuer:
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Harris Corporation |
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Size:
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$400,000,000 |
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Maturity:
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December 15, 2020 |
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Coupon (Interest Rate):
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4.400% |
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Yield to Maturity:
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4.471% |
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Spread to Benchmark Treasury:
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T + 165 basis points |
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Price to Public:
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99.429% |
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Benchmark Treasury:
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2.625% due November 15, 2020 |
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Benchmark Treasury Price:
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98-10 |
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Benchmark Treasury Yield:
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2.821% |
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Interest Payment Dates:
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June 15 and December 15, commencing on
June 15, 2011 |
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Make-Whole Call:
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Treasury Rate plus 25 basis points |
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Settlement Date:
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December 3, 2010 |
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CUSIP:
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413875 AM7 |
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ISIN:
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US413875AM76 |
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Joint Book-Running Managers:
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J.P. Morgan Securities LLC |
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Merrill Lynch, Pierce, Fenner
& Smith
Incorporated |
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Morgan Stanley & Co. Incorporated |
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Co-Managers:
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Citigroup Global Markets Inc. |
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HSBC Securities (USA) Inc. |
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SunTrust Robinson Humphrey, Inc. |
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Ratings:*
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Baa1 (Moody’s) |
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BBB+ (S&P) |
* 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) 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, the issuer, any underwriter or
any dealer participating in the offering will arrange to send you the prospectus if you request it
from any of J.P. Morgan Securities LLC by calling collect
1-212-834-4533,
Merrill Lynch, Pierce, Fenner & Smith Incorporated by calling
toll-free 1-800-294-1322, or Morgan Stanley & Co. Incorporated by
calling toll-free
1-866-718-1649.
Free Writing Prospectus Filed Pursuant to Rule 433
(Related to Preliminary Prospectus Supplement Dated November 30,
2010)
Registration No. 333-159688
HARRIS CORPORATION
FINAL TERM SHEET
Dated: November 30, 2010
| |
|
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Issuer:
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Harris Corporation |
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Size:
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$300,000,000 |
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Maturity:
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December 15, 2040 |
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Coupon (Interest Rate):
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6.150% |
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Yield to Maturity:
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6.190% |
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Spread to Benchmark Treasury:
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T + 205 basis points |
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Price to Public:
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99.454% |
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Benchmark Treasury:
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3.875% due August 15, 2040 |
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Benchmark Treasury Price:
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95-15 |
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Benchmark Treasury Yield:
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4.140% |
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Interest Payment Dates:
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June 15 and December 15,
commencing on June 15, 2011 |
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Make-Whole Call:
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Treasury Rate plus 35 basis points |
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Settlement Date:
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December 3, 2010 |
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CUSIP:
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413875 AN5 |
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ISIN:
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US413875AN59 |
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Joint Book-Running Managers:
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J.P. Morgan Securities LLC |
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Merrill Lynch, Pierce, Fenner & Smith Incorporated |
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Morgan Stanley & Co. Incorporated |
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Co-Managers:
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Citigroup Global Markets Inc. |
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|
HSBC Securities (USA) Inc. |
|
|
SunTrust Robinson Humphrey, Inc. |
|
|
|
Ratings:*
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|
Baa1 (Moody’s) |
|
|
BBB+ (S&P) |
* 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) 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, the issuer, any underwriter or
any dealer participating in the offering will arrange to send you the prospectus if you request it
from any of J.P. Morgan
Securities LLC by calling collect 1-212-834-4533, Merrill Lynch, Pierce, Fenner & Smith
Incorporated by calling toll-free 1-800-294-1322, or Morgan Stanley & Co. Incorporated by calling toll-free
1-866-718-1649.