-----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, A7Zy8FoViYU41dlt1pQ+VRNh5szaTBpQ6fHEdtZthzRb/q/RoqoKwYOoosuvIFQg 7P+UcQiBpZ/CmkVQD+64UA== 0000950123-08-007038.txt : 20080619 0000950123-08-007038.hdr.sgml : 20080619 20080618193414 ACCESSION NUMBER: 0000950123-08-007038 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20080619 DATE AS OF CHANGE: 20080618 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: JOHNSON & JOHNSON CENTRAL INDEX KEY: 0000200406 STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834] IRS NUMBER: 221024240 STATE OF INCORPORATION: NJ FISCAL YEAR END: 0114 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-149632 FILM NUMBER: 08906656 BUSINESS ADDRESS: STREET 1: ONE JOHNSON & JOHNSON PLZ CITY: NEW BRUNSWICK STATE: NJ ZIP: 08933 BUSINESS PHONE: 732-524-2455 MAIL ADDRESS: STREET 1: ONE JOHNSON & JOHNSON PLZ CITY: NEW BRUNSWICK STATE: NJ ZIP: 08933 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: JOHNSON & JOHNSON CENTRAL INDEX KEY: 0000200406 STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834] IRS NUMBER: 221024240 STATE OF INCORPORATION: NJ FISCAL YEAR END: 0114 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: ONE JOHNSON & JOHNSON PLZ CITY: NEW BRUNSWICK STATE: NJ ZIP: 08933 BUSINESS PHONE: 732-524-2455 MAIL ADDRESS: STREET 1: ONE JOHNSON & JOHNSON PLZ CITY: NEW BRUNSWICK STATE: NJ ZIP: 08933 FWP 1 y60660fwfwp.htm FWP FWP
Filed Pursuant to Rule 433
Registration No. 333-149632

Johnson & Johnson

PRICING TERM SHEET

5.85% Notes due July 15, 2038

     
Issuer:   Johnson & Johnson
Security:   5.85% Senior Unsecured Notes due 2038
Size:   $700,000,000
Maturity Date:   July 15, 2038
Coupon:   5.85%
Interest Payment Dates:   Paid semi-annually on January 15th and July 15th, commencing January 15, 2009
Price to Public:   99.952%
Benchmark Treasury:   5.00% due May 15, 2037
Benchmark Treasury Yield:   4.723%
Spread to Benchmark Treasury:   +113bps
Yield:   5.853%
Make-Whole Call:   Treasury + 20bps
Expected Settlement Date:   June 23, 2008
Anticipated Ratings:   Aaa (stable) by Moody’s Investors Service, Inc.
AAA (stable) by Standard & Poor’s Ratings Services
AAA (stable) by Fitch Ratings
CUSIP   478160AT1
Joint Book-Running Managers:   Goldman, Sachs & Co.
J.P. Morgan Securities Inc.
Citigroup Global Markets Inc.
Deutsche Bank Securities Inc.
Senior Co-Managers:   Banc of America Securities LLC
Morgan Stanley & Co. Incorporated
Williams Capital Group, L.P.
Co-Managers:   BNP Paribas Securities Corp.
Greenwich Capital Markets, Inc.
HSBC Securities (USA) Inc.
Mitsubishi UFJ Securities International plc

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 Goldman, Sachs & Co. toll-free at 866-471-2526, J.P. Morgan Securities Inc. collect at 212-834-4533, Citigroup Global Markets Inc. toll-free at 877-858-5407 or Deutsche Bank Securities Inc. collect at 212-250-6801.

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