-----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, NmD5TErEpsX2FFyu7UV26TOXk19ejyKVK18b5uUCGlUXP//uzXKzCdzNAJBpTnWv 2TbT5K5mOyN+5JfuuMjnLg== 0000950123-10-053314.txt : 20100526 0000950123-10-053314.hdr.sgml : 20100526 20100526172640 ACCESSION NUMBER: 0000950123-10-053314 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20100526 DATE AS OF CHANGE: 20100526 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: GENERAL MILLS INC CENTRAL INDEX KEY: 0000040704 STANDARD INDUSTRIAL CLASSIFICATION: GRAIN MILL PRODUCTS [2040] IRS NUMBER: 410274440 STATE OF INCORPORATION: DE FISCAL YEAR END: 0531 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-155932 FILM NUMBER: 10860369 BUSINESS ADDRESS: STREET 1: NUMBER ONE GENERAL MILLS BLVD CITY: MINNEAPOLIS STATE: MN ZIP: 55426 BUSINESS PHONE: (763) 764-7600 MAIL ADDRESS: STREET 1: P O BOX 1113 CITY: MINNEAPOLIS STATE: MN ZIP: 55440 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: GENERAL MILLS INC CENTRAL INDEX KEY: 0000040704 STANDARD INDUSTRIAL CLASSIFICATION: GRAIN MILL PRODUCTS [2040] IRS NUMBER: 410274440 STATE OF INCORPORATION: DE FISCAL YEAR END: 0531 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: NUMBER ONE GENERAL MILLS BLVD CITY: MINNEAPOLIS STATE: MN ZIP: 55426 BUSINESS PHONE: (763) 764-7600 MAIL ADDRESS: STREET 1: P O BOX 1113 CITY: MINNEAPOLIS STATE: MN ZIP: 55440 FWP 1 c58294ffwp.htm FWP fwp
Filed pursuant to Rule 433
May 26, 2010
Preliminary Prospectus Supplement dated May 26, 2010 to
Prospectus dated December 4, 2008
Registration No. 333-155932
General Mills, Inc.
$500,000,000 5.400% Notes due 2040
Pricing Term Sheet
May 26, 2010
     
Issuer:
  General Mills, Inc.
Size:
  $500,000,000 
Maturity:
  June 15, 2040 
Coupon:
  5.400% 
Price to Public:
  99.746% 
Yield to maturity:
  5.417% 
Spread to Benchmark Treasury:
  130 basis points
Benchmark Treasury:
  4.625% due 02/15/40
Benchmark Treasury Yield:
  4.117% 
Interest Payment Dates:
  June 15 and December 15, commencing December 15, 2010
Day Count Convention:
  30/360 
Redemption Provisions:
    
     Make-whole call:
  At any time at a discount rate of U.S. Treasury plus 20 basis points
 
    
     Change of Control Offer to Purchase:
  If a change of control triggering event occurs, unless General Mills has exercised its right to redeem the notes, it will be required to make an offer to purchase the notes at a purchase price equal to 101% of the principal amount of the notes, plus accrued and unpaid interest, if any, to the date of repurchase.
 
    
Pricing:
  May 26, 2010
Settlement:
  June 1, 2010
Use of Proceeds:
  To repay a portion of outstanding commercial paper
Denominations:
  $2,000 and integral multiples of $1,000 in excess thereof
CUSIP/ISIN:
  370334 BJ2 / US370334BJ28
Ratings:
  Baa1/BBB+/BBB+
Joint Book-Running Managers:
  Barclays Capital Inc.
 
  Credit Suisse Securities (USA) LLC
 
  J.P. Morgan Securities Inc.
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 toll-free Barclays Capital Inc. at 1-888-603-5847, Credit Suisse Securities (USA) LLC at 1-800-221-1037, or J.P. Morgan Securities Inc. collect at (212) 834-4533.

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