FWP 1 a10-12099_5fwp.htm FWP

 

Filed Pursuant to Rule 433

Registration Number 333-168333

 

$1,500,000,000
1.000% Notes Due 2013
International Business Machines Corporation
August 2, 2010
Pricing Term Sheet

 

Issuer

 

International Business Machines Corporation

Issuer Ratings

 

A1/A+/A+ (Moody’s/S&P/Fitch)

Format

 

SEC Registered

Trade Date

 

August 2, 2010

Settlement Date

 

August 5, 2010

Size

 

$1,500,000,000

Maturity

 

August 5, 2013

Interest Payment Dates

 

February 5 and August 5

First Payment Date

 

February 5, 2011

Benchmark Treasury

 

1.000% due July 15, 2013

Benchmark Treasury Yield

 

0.839%

Spread to Benchmark Treasury

 

T + 30 bps

Yield to Maturity

 

1.139%

Coupon

 

1.000%

Make-Whole Call

 

T + 5 bps

Price to Public

 

99.591%

Underwriting Discount

 

0.150%

Price to Issuer

 

99.441%

Day Count

 

30/360

Minimum Denomination

 

$100,000 and multiples of $1,000

Bookrunners

 

Barclays Capital Inc., BNP Paribas Securities Corp. and Goldman, Sachs & Co.

Co-Managers

 

Banca IMI S.p.A., M.R. Beal & Company and UBS Securities LLC

CUSIP

 

459200GT2

ISIN/Common Code

 

US459200GT23

 

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 Barclays Capital Inc. toll free at 1-888-603-5847 (or by emailing at barclaysprospectus@broadridge.com), BNP Paribas Securities Corp. at 1-800-854-5674, or Goldman, Sachs & Co. toll free at 1-866-471-2526 (or by emailing at prospectus-ny@ny.email.gs.com).

 

This pricing term sheet supplements the preliminary form of prospectus supplement issued by International Business Machines Corporation on August 2, 2010 relating to its Prospectus dated July 27, 2010.