0001193125-13-085220.txt : 20130301 0001193125-13-085220.hdr.sgml : 20130301 20130228191224 ACCESSION NUMBER: 0001193125-13-085220 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20130301 DATE AS OF CHANGE: 20130228 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: FIRSTENERGY CORP CENTRAL INDEX KEY: 0001031296 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 341843785 STATE OF INCORPORATION: OH FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-181519 FILM NUMBER: 13654356 BUSINESS ADDRESS: STREET 1: 76 SOUTH MAIN ST CITY: AKRON STATE: OH ZIP: 44308-1890 BUSINESS PHONE: 330-761-7837 MAIL ADDRESS: STREET 1: 76 SOUTH MAIN ST CITY: AKRON STATE: OH ZIP: 44308-1890 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: FIRSTENERGY CORP CENTRAL INDEX KEY: 0001031296 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 341843785 STATE OF INCORPORATION: OH FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 76 SOUTH MAIN ST CITY: AKRON STATE: OH ZIP: 44308-1890 BUSINESS PHONE: 330-761-7837 MAIL ADDRESS: STREET 1: 76 SOUTH MAIN ST CITY: AKRON STATE: OH ZIP: 44308-1890 FWP 1 d494666dfwp.htm FWP FWP

Filed Pursuant to Rule 433

Registration No. 333-181519

February 28, 2013

FirstEnergy Corp.

Pricing Term Sheet

2.75% Notes, Series A, due 2018

 

Issuer:    FirstEnergy Corp.
Issue Format:    SEC registered
Anticipated Ratings:    Baa3 / BB+ / BBB- (Moody’s / S&P / Fitch)
Principal Amount:    $650,000,000
Security Type:    2.75% Notes, Series A, due 2018
Trade Date:    February 28, 2013
Settlement Date:    March 5, 2013; T+3
Maturity Date:    March 15, 2018
Interest Payment Dates:   

Semi-annual payments in arrears on March 15 and September 15

of each year, beginning on September 15, 2013

Optional Redemption:    Make-whole call at T+30 bps
Reference Benchmark:   

0.875% due January 31, 2018

Benchmark Yield:    0.752%
Reoffer Spread:    +200 bps
Reoffer Yield:    2.752%
Coupon:    2.75%
Price to Public:    99.990% of principal amount
Net Proceeds (%):    99.390%
Net Proceeds ($):    $646,035,000
CUSIP:    337932 AE7
ISIN:    US337932AE78
Joint-Bookrunners:   

J.P. Morgan Securities LLC

Morgan Stanley & Co. LLC

RBS Securities Inc.

Citigroup Global Markets Inc.

Goldman, Sachs & Co.

PNC Capital Markets LLC

RBC Capital Markets, LLC

Scotia Capital (USA) Inc.

Co-managers:   

CIBC World Markets Corp.

Credit Agricole Securities (USA) Inc.

The Huntington Investment Company

Mizuho Securities USA Inc.

Pro Forma Ratio of Earnings

to Fixed Charges for the Year

Ended December 31, 2012:                                                                             1.87

* 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 U.S. Securities and Exchange Commission (SEC) for this offering. 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 searching the SEC online database (EDGAR) at www.sec.gov. Alternatively, you may obtain a copy of the prospectus from J.P. Morgan Securities LLC by calling collect at 1-212-834-4533, Morgan Stanley & Co. LLC by calling toll-free at 1-866-718-1649 or RBS Securities Inc. by calling toll-free at 1-866-884-2071.

FirstEnergy Corp.

Pricing Term Sheet

4.25% Notes, Series B, due 2023

 

Issuer:    FirstEnergy Corp.
Issue Format:    SEC registered
Anticipated Ratings:    Baa3 / BB+ / BBB- (Moody’s / S&P / Fitch)
Principal Amount:    $850,000,000
Security Type:    4.25% Notes, Series B, due 2023
Trade Date:    February 28, 2013
Settlement Date:    March 5, 2013; T+3
Maturity Date:    March 15, 2023
Interest Payment Dates:   

Semi-annual payments in arrears on March 15 and September 15

of each year, beginning on September 15, 2013

Optional Redemption:    Make-whole call at T+40 bps
Reference Benchmark:    2.00% due February 15, 2023
Benchmark Yield:    1.884%
Reoffer Spread:    +237.5 bps
Reoffer Yield:    4.259%
Coupon:    4.25%
Price to Public:    99.926% of principal amount

Net Proceeds (%):    99.276%
Net Proceeds ($):    $843,846,000
CUSIP:    337932 AF4
ISIN:    US337932AF44
Joint-Bookrunners:   

J.P. Morgan Securities LLC

Morgan Stanley & Co. LLC

RBS Securities Inc.

Citigroup Global Markets Inc.

Goldman, Sachs & Co.

PNC Capital Markets LLC

RBC Capital Markets, LLC

Scotia Capital (USA) Inc.

Co-managers:   

CIBC World Markets Corp.

Credit Agricole Securities (USA) Inc.

The Huntington Investment Company

Mizuho Securities USA Inc.

Pro Forma Ratio of Earnings

to Fixed Charges for the Year

Ended December 31, 2012:                                                                         1.87

* 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 U.S. Securities and Exchange Commission (SEC) for this offering. 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 searching the SEC online database (EDGAR) at www.sec.gov. Alternatively, you may obtain a copy of the prospectus from J.P. Morgan Securities LLC by calling collect at 1-212-834-4533, Morgan Stanley & Co. LLC by calling toll-free at 1-866-718-1649 or RBS Securities Inc. by calling toll-free at 1-866-884-2071.