Filed Pursuant to Rule 433
Registration No. 333-141870
April 4, 2007
Registration No. 333-141870
April 4, 2007
Corn Products International Inc.
$200,000,000 6.000% Notes due 2017
$100,000,000 6.625% Notes due 2037
$100,000,000 6.625% Notes due 2037
PRICING TERM SHEET
6.000% Notes due 2017
Issuer:
|
Corn Products International Inc. | |
Security:
|
6.000% Notes due 2017 | |
Size:
|
$200,000,000 | |
Maturity Date:
|
April 15, 2017 | |
Coupon:
|
6.000% | |
Interest Payment Dates:
|
April 15 and October 15, commencing October 15, 2007 | |
Price to Public:
|
99.768% | |
Benchmark Treasury:
|
4.625% due February 2017 | |
Benchmark Treasury Yield:
|
4.656% | |
Spread to Benchmark Treasury:
|
+ 137.5 bp | |
Yield:
|
6.031% | |
Make-Whole Call:
|
T +25 bp | |
Expected Settlement Date:
|
April 10, 2007 | |
CUSIP:
|
219023 AD0 | |
Anticipated Ratings:
|
Baa3 by Moody’s Investors Service, Inc. BBB- by Standard & Poor’s Ratings Services BBB by Fitch Ratings |
|
Joint Book-Running Managers:
|
Citigroup Global Markets Inc. Morgan Stanley & Co. Incorporated |
|
Co-Managers:
|
ABN AMRO Incorporated Bank of America Securities LLC BMO Capital Markets Corp. BNY Capital Markets, Inc. Piper Jaffray & Co. Rabo Securities USA, Inc. SunTrust Capital Markets, Inc. Wells Fargo Securities, LLC |
6.625% Notes due 2037
Issuer:
|
Corn Products International Inc. | |
Security:
|
6.625% Notes due 2037 | |
Size:
|
$100,000,000 | |
Maturity Date:
|
April 15, 2037 | |
Coupon:
|
6.625% | |
Interest Payment Dates:
|
April 15 and October 15, commencing October 15, 2007 | |
Price to Public:
|
99.418% | |
Benchmark Treasury:
|
4.500% due February 2036 | |
Benchmark Treasury Yield:
|
4.870% | |
Spread to Benchmark Treasury:
|
+ 180 bp | |
Yield:
|
6.670% | |
Make-Whole Call:
|
T +30 bp | |
Expected Settlement Date:
|
April 10, 2007 | |
CUSIP:
|
219023 AC2 | |
Anticipated Ratings:
|
Baa3 by Moody’s Investors Service, Inc. BBB- by Standard & Poor’s Ratings Services BBB by Fitch Ratings |
|
Joint Book-Running Managers:
|
Citigroup Global Markets Inc. Morgan Stanley & Co. Incorporated |
|
Co-Managers:
|
ABN AMRO Incorporated Bank of America Securities LLC BMO Capital Markets Corp. BNY Capital Markets, Inc. Piper Jaffray & Co. Rabo Securities USA, Inc. SunTrust Capital Markets, Inc. Wells Fargo Securities, LLC |
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) 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 by calling Citigroup Global Markets Inc. toll free at
1-877-858-5407 or Morgan Stanley & Co. Incorporated toll-free at 1-866-718-1649.