-----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, HE/q9uAtb2R946cMmBoyxj76GKeB2xkV/VrjWVIo9ux1tSbkZgyxW7AqMP0Y3CnO NKRawMJMxb6G3YwLd5zwPQ== 0000950134-07-020196.txt : 20070920 0000950134-07-020196.hdr.sgml : 20070920 20070919184345 ACCESSION NUMBER: 0000950134-07-020196 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20070920 DATE AS OF CHANGE: 20070919 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SOUTHWEST AIRLINES CO CENTRAL INDEX KEY: 0000092380 STANDARD INDUSTRIAL CLASSIFICATION: AIR TRANSPORTATION, SCHEDULED [4512] IRS NUMBER: 741563240 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-126738 FILM NUMBER: 071125541 BUSINESS ADDRESS: STREET 1: 2702 LOVE FIELD DR STREET 2: P O BOX 36611 CITY: DALLAS STATE: TX ZIP: 75235 BUSINESS PHONE: 2147924000 MAIL ADDRESS: STREET 1: PO BOX 36611 CITY: DALLAS STATE: TX ZIP: 75235-1611 FORMER COMPANY: FORMER CONFORMED NAME: AIR SOUTHWEST CO DATE OF NAME CHANGE: 19760108 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SOUTHWEST AIRLINES CO CENTRAL INDEX KEY: 0000092380 STANDARD INDUSTRIAL CLASSIFICATION: AIR TRANSPORTATION, SCHEDULED [4512] IRS NUMBER: 741563240 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 2702 LOVE FIELD DR STREET 2: P O BOX 36611 CITY: DALLAS STATE: TX ZIP: 75235 BUSINESS PHONE: 2147924000 MAIL ADDRESS: STREET 1: PO BOX 36611 CITY: DALLAS STATE: TX ZIP: 75235-1611 FORMER COMPANY: FORMER CONFORMED NAME: AIR SOUTHWEST CO DATE OF NAME CHANGE: 19760108 FWP 1 d47891ffwp.htm FREE WRITING PROSPECTUS fwp
 

Filed Pursuant to Rule 433
Registration No. 333-126738
Dated September 19, 2007
Southwest Airlines Co.
(NYSE Symbol: LUV)
Pass Through Certificates, Series 2007-1
Pricing Term Sheet
                 
            Class B Pass Through Certificates,
            Series 2007-1 (“Class B
            Certificates”, and together with
    Class A Pass Through Certificates,   Class A Certificates, the
Securities:   Series 2007-1 (“Class A Certificates”)   “Certificates”)
 
                
Principal Amount:
  $412,100,000   87,900,000
 
                
Final Expected
Distribution Date:
  August 1, 2022   August 1, 2022
 
                
Public Offering
Price:
  100%   100%
 
                
Ratings
(Moody’s/S&P):
  Aa3/AA–   Baa1/A
 
                
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.
 
                
CUSIP:
  84474Y AA4   84474Y AB2
 
                
ISIN:
  US84474YAA47   US84474YAB20
 
                
Coupon/Stated
Interest Rate:
  6.15%   6.65%
 
                
Liquidity Facility
Initial Maximum
Commitment Amount:
  $38,016,225     N/A  
 
                
Make-Whole
Spread (used to
calculate Make-
Whole Amount):
  0.30%   0.40%
 
                

 

         
Underwriting
Commission:
  $3,250,000    
 
Structuring Fee:
  $600,000    
 
         
    Class A Certificates   Class B Certificates
Concession to
Selling Group
Members:
  0.475%   0.475%
 
        
Discount to
Brokers/Dealers:
  0.250%   0.250%
 
        
Underwriting
Agreement:		   Dated September 19, 2007
 
        
Trade Date:   September 19, 2007
 
        
Settlement Date:   October 3, 2007 (T+10) closing date, the tenth business day following the date hereof
 
        
Preliminary
Prospectus
Supplement:		   Southwest has prepared a Preliminary Prospectus Supplement, dated September 19, 2007, which includes additional information regarding the Certificates.
 
        
Joint Bookrunners:   Morgan Stanley & Co. Incorporated and Citigroup Global Markets Inc.
 
        
Co-Managers:   Comerica Securities, Inc.,
SG Americas Securities, LLC and
UBS Securities LLC
     The issuer has filed a registration statement (including a base prospectus and a preliminary prospectus supplement) with the SEC for the offering to which this communication relates. Before you invest, you should read the preliminary prospectus supplement and other documents it incorporates by reference that 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 final prospectus if you request it by calling toll-free: Morgan Stanley at (866) 718-1649 (institutional investors) or Citigroup Global Markets Inc. at (877) 858-5407.

-----END PRIVACY-ENHANCED MESSAGE-----