-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Ft/hXcDvANaoaHqiAJQnDstu8ZK5IoepmRXObjsJs2d1JGFNzbZ+LZxvRlGjuxAH 6DHaNjFdMUxvgoUpgGVzSQ== 0000950129-07-002865.txt : 20070606 0000950129-07-002865.hdr.sgml : 20070606 20070605183431 ACCESSION NUMBER: 0000950129-07-002865 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20070606 DATE AS OF CHANGE: 20070605 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: VALERO ENERGY CORP/TX CENTRAL INDEX KEY: 0001035002 STANDARD INDUSTRIAL CLASSIFICATION: PETROLEUM REFINING [2911] IRS NUMBER: 741828067 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-116668 FILM NUMBER: 07902170 BUSINESS ADDRESS: STREET 1: P.O. BOX 696000 CITY: SAN ANTONIO STATE: TX ZIP: 78269-6000 BUSINESS PHONE: 2103452000 MAIL ADDRESS: STREET 1: P.O. BOX 696000 CITY: SAN ANTONIO STATE: TX ZIP: 78269-6000 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: VALERO ENERGY CORP/TX CENTRAL INDEX KEY: 0001035002 STANDARD INDUSTRIAL CLASSIFICATION: PETROLEUM REFINING [2911] IRS NUMBER: 741828067 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: P.O. BOX 696000 CITY: SAN ANTONIO STATE: TX ZIP: 78269-6000 BUSINESS PHONE: 2103452000 MAIL ADDRESS: STREET 1: P.O. BOX 696000 CITY: SAN ANTONIO STATE: TX ZIP: 78269-6000 FWP 1 h47252fpfwp.htm FREE WRITING PROSPECTUS - REGISTRATION NO.333-116668 fwp
 

PRICING TERM SHEET
Filed Pursuant to Rule 433
Registration No. 333-116668
June 5, 2007
6.125% Notes Due 2017
     
Issuer:  
Valero Energy Corporation
Security:  
6.125% Notes due 2017
Size:  
$750,000,000
Maturity:  
June 15, 2017
Coupon:  
6.125%
Price to Public:  
99.909%
Yield to Maturity:  
6.137%
Spread to Benchmark Treasury:  
+ 115 bp
Benchmark Treasury:  
4.500% due 05/15/2017
Benchmark Treasury Yield:  
4.987%
Interest Payment Dates:  
June 15th and December 15th, commencing December 15, 2007
Make-Whole Call:  
T+20 bp
Settlement:  
T+3; June 8, 2007
CUSIP:  
91913Y AM 2
Anticipated Ratings:  
Baa3 (Moody’s) / BBB (S&P) / BBB (Fitch)
Joint Book-Running Managers:  
Barclays Capital Inc., Citigroup Global Markets Inc., J.P. Morgan Securities Inc., Morgan Stanley & Co. Incorporated and UBS Securities LLC
6.625% Notes Due 2037
     
Issuer:  
Valero Energy Corporation
Security:  
6.625% Notes due 2037
Size:  
$1,500,000,000
Maturity:  
June 15, 2037
Coupon:  
6.625%
Price to Public:  
99.713%
Yield to Maturity:  
6.647%
Spread to Benchmark Treasury:  
+ 155 bp
Benchmark Treasury:  
4.500% due 02/15/2036
Benchmark Treasury Yield:  
5.097%
Interest Payment Dates:  
June 15th and December 15th, commencing December 15, 2007
Make-Whole Call:  
T+25 bp
Settlement:  
T+3; June 8, 2007
CUSIP:  
91913Y AL 4
Anticipated Ratings:  
Baa3 (Moody’s) / BBB (S&P) / BBB (Fitch)
Joint Book-Running Managers:  
Barclays Capital Inc., Citigroup Global Markets Inc., J.P. Morgan Securities Inc., Morgan Stanley & Co. Incorporated and UBS 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 Barclays Capital Inc. toll-free at 1-888-227-2275 (ext. 2663), Citigroup Global Markets Inc. toll-free at 1-877-858-5407, J.P. Morgan Securities Inc. collect at 1-212-834-4533, Morgan Stanley & Co. Incorporated toll-free at 1-866-718-1649 or UBS Securities LLC toll-free at 1-888-722-9555, ext. 1088.

 

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