0001193125-22-294462.txt : 20221129 0001193125-22-294462.hdr.sgml : 20221129 20221129172659 ACCESSION NUMBER: 0001193125-22-294462 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20221129 DATE AS OF CHANGE: 20221129 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ILLUMINA, INC. CENTRAL INDEX KEY: 0001110803 STANDARD INDUSTRIAL CLASSIFICATION: LABORATORY ANALYTICAL INSTRUMENTS [3826] IRS NUMBER: 330804655 STATE OF INCORPORATION: DE FISCAL YEAR END: 0101 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-254195 FILM NUMBER: 221433748 BUSINESS ADDRESS: STREET 1: 5200 ILLUMINA WAY CITY: SAN DIEGO STATE: CA ZIP: 92122 BUSINESS PHONE: 8582024500 MAIL ADDRESS: STREET 1: 5200 ILLUMINA WAY CITY: SAN DIEGO STATE: CA ZIP: 92122 FORMER COMPANY: FORMER CONFORMED NAME: ILLUMINA INC DATE OF NAME CHANGE: 20000331 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ILLUMINA, INC. CENTRAL INDEX KEY: 0001110803 STANDARD INDUSTRIAL CLASSIFICATION: LABORATORY ANALYTICAL INSTRUMENTS [3826] IRS NUMBER: 330804655 STATE OF INCORPORATION: DE FISCAL YEAR END: 0101 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 5200 ILLUMINA WAY CITY: SAN DIEGO STATE: CA ZIP: 92122 BUSINESS PHONE: 8582024500 MAIL ADDRESS: STREET 1: 5200 ILLUMINA WAY CITY: SAN DIEGO STATE: CA ZIP: 92122 FORMER COMPANY: FORMER CONFORMED NAME: ILLUMINA INC DATE OF NAME CHANGE: 20000331 FWP 1 d412272dfwp.htm FWP FWP

Filed pursuant to Rule 433

Registration No. 333-254195

Issuer Free Writing Prospectus dated November 29, 2022

Relating to Preliminary Prospectus Supplement dated November 29, 2022

ILLUMINA, INC.

FINAL TERM SHEET

November 29, 2022

$500,000,000 5.800% Notes due 2025

$500,000,000 5.750% Notes due 2027

 

Issuer:    Illumina, Inc.
Format:    SEC Registered
Ratings*    Moody’s: Baa3 (Stable)
   S&P: BBB (Stable)
   Fitch: BBB (Stable)
Trade Date:    November 29, 2022
Settlement Date**:    December 13, 2022 (T+10)
5.800% Notes due 2025
Principal Amount:    $500,000,000
Maturity Date:    December 12, 2025
Coupon (Interest Rate):    5.800%
Benchmark Treasury:    4.500% due November 15, 2025
Benchmark Treasury Price and Yield:    100-21 ¾; 4.252%
Spread to Benchmark Treasury:    +155 basis points
Yield to Maturity:    5.802%
Price to Public:    99.995% of the Principal Amount
Interest Payment Dates:    Semi-annually on each June 12 and December 12 of each year, commencing on June 12, 2023

Make-Whole Call:    At any time prior to November 12, 2025, at a discount rate of Treasury plus 25 basis points
Par Call:    On or after November 12, 2025
CUSIP Number:    452327 AN9
ISIN Number:    US452327AN93
5.750% Notes due 2027
Principal Amount:    $500,000,000
Maturity Date:    December 13, 2027
Coupon (Interest Rate):    5.750%
Benchmark Treasury:    3.875% due November 30, 2027
Benchmark Treasury Price and Yield:    99-23 ¾; 3.932%
Spread to Benchmark Treasury:    +185 basis points
Yield to Maturity:    5.782%
Price to Public:    99.863% of the Principal Amount
Interest Payment Dates:    Semi-annually on each June 13 and December 13 of each year, commencing on June 13, 2023
Make-Whole Call:    At any time prior to November 13, 2027, at a discount rate of Treasury plus 30 basis points
Par Call:    On or after November 13, 2027
CUSIP Number:    452327 AP4
ISIN Number:    US452327AP42
Joint Book-Running Managers:   

Goldman Sachs & Co. LLC

Citigroup Global Markets Inc.

BofA Securities, Inc.

J.P. Morgan Securities LLC

Co-Managers:   

BNP Paribas Securities Corp.

Deutsche Bank Securities Inc.

MUFG Securities Americas Inc.

U.S. Bancorp Investments, Inc.

Academy Securities, Inc.

Loop Capital Markets LLC

R. Seelaus & Co., LLC

Samuel A. Ramirez & Company, Inc.

Siebert Williams Shank & Co., LLC

 

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*

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.

**

Under Rule 15c6-1 of the Securities Exchange Act of 1934, as amended, trades in the secondary market generally are required to settle in two business days, unless the parties to any such trade expressly agree otherwise. Accordingly, purchasers who wish to trade the notes prior to two business days before the date of delivery will be required, by virtue of the fact that the notes initially settle in T+10, to specify an alternate settlement arrangement at the time of any such trade to prevent a failed settlement. Purchasers of the notes who wish to trade the notes prior to two business days before the date of delivery should consult their advisors.

The issuer has filed a registration statement (including a prospectus dated March 12, 2021) and a preliminary prospectus supplement dated November 29, 2022 with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement, the preliminary prospectus supplement 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 website at www.sec.gov. Alternatively, Goldman Sachs & Co. LLC or Citigroup Global Markets Inc. can arrange to send you the prospectus and the prospectus supplement if you request them by calling or e-mailing Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, New York 10282, telephone: 1-866-471-2526, facsimile: 1-212-902-9316, or by emailing prospectus-ny@ny.email.gs.com; or Citigroup Global Markets Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, telephone: 1-800-831-9146 or email: prospectus@citi.com.

 

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