Final Term Sheet
Filed Pursuant to Rule 433
Registration Statement No. 333-147737
January 10, 2008
UNITED PARCEL SERVICE, INC.
4.50% Notes Due 2013
| Issuer: | United Parcel Service, Inc. | |
| Aggregate Principal Amount Offered: | $1,750,000,000 | |
| Maturity Date: | January 15, 2013 | |
| Coupon (Interest Rate): | 4.500% per annum | |
| Price to Public (Issue Price): | 99.575% of principal amount | |
| Yield to Maturity: | 4.596% | |
| Benchmark Treasury: | UST 3.625% due December 31, 2012 | |
| Benchmark Treasury Price and Yield: |
102-06; 3.146% | |
| Spread to Benchmark Treasury: | 1.450% (145 basis points) | |
| Interest Payment Dates: | Semi-annually on January 15 and July 15, beginning on July 15, 2008 | |
| Day Count Convention: | 30 / 360 | |
| Optional Redemption: | The Notes will be redeemable at Issuer’s option at any time, in whole or in part, at a redemption price equal to (A) the greater of (i) 100% of the principal amount of such Notes and (ii) the sum of the present values of remaining scheduled payments of principal and interest (exclusive of interest accrued to the date of redemption) on such Notes discounted to the redemption date on a semi-annual basis at the Treasury rate plus 0.200% (20 basis points), plus (B) accrued interest to the redemption date. | |
| Trade Date: | January 10, 2008 | |
| Settlement Date (T+3): | January 15, 2008 | |
| CUSIP Number: | 911312 AG1 | |
| ISIN Number: | US911312AG11 | |
| Denominations: | $2,000 x $1,000 | |
| Joint Book-Running Managers: | Citi, Goldman, Sachs & Co., Merrill Lynch & Co. and Morgan Stanley | |
| Senior Co-Managers: | Barclays Capital, UBS Investment Bank | |
| Junior Co-Managers: | Bear, Stearns & Co. Inc., BNP PARIBAS, Credit Suisse, Deutsche Bank Securities, Wachovia Securities, Wells Fargo Securities, Castle Oak and Williams | |
| Type of Offering: | SEC registered (No. 333-147737) | |
| Listing: | None | |
| Long-term Debt Ratings: | Moody’s, Aa2 (Stable); S&P, AA- (Stable) | |
| 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 Citi toll free at 1-877-858-5407, Goldman, Sachs & Co. toll free at 1-866-471-2526, Merrill Lynch, Pierce, Fenner & Smith toll free at 1-866-500-5408 or Morgan Stanley toll free at 1-866-718-1649.
Final Term Sheet
Filed Pursuant to Rule 433
Registration Statement No. 333-147737
January 10, 2008
UNITED PARCEL SERVICE, INC.
5.50% Notes Due 2018
| Issuer: |
United Parcel Service, Inc. | |
| Aggregate Principal Amount Offered: | $750,000,000 | |
| Maturity Date: |
January 15, 2018 | |
| Coupon (Interest Rate): |
5.50% per annum | |
| Price to Public (Issue Price): |
99.802% of principal amount | |
| Yield to Maturity: |
5.526% | |
| Benchmark Treasury: |
UST 4.25% due November 15, 2017 | |
| Benchmark Treasury Price and Yield: |
103-01; 3.876% | |
| Spread to Benchmark Treasury: |
1.65% (165 basis points) | |
| Interest Payment Dates: |
Semi-annually on January 15 and July 15, beginning on July 15, 2008 | |
| Day Count Convention: |
30 / 360 | |
| Optional Redemption: |
The Notes will be redeemable at Issuer’s option at any time, in whole or in part, at a redemption price equal to (A) the greater of (i) 100% of the principal amount of such Notes and (ii) the sum of the present values of remaining scheduled payments of principal and interest (exclusive of interest accrued to the date of redemption) on such Notes discounted to the redemption date on a semi-annual basis at the Treasury rate plus 0.25% (25 basis points), plus (B) accrued interest to the redemption date. | |
| Trade Date: |
January 10, 2008 | |
| Settlement Date (T+3): |
January 15, 2008 | |
| CUSIP Number: |
911312 AH9 | |
| ISIN Number: |
US911312AH93 | |
| Denominations: |
$2,000 x $1,000 | |
| Joint Book-Running Managers: |
Citi, Goldman, Sachs & Co., Merrill Lynch & Co. and Morgan Stanley | |
| Senior Co-Managers: |
Barclays Capital, UBS Investment Bank | |
| Junior Co-Managers: |
Bear, Stearns & Co. Inc., BNP PARIBAS, Credit Suisse, Deutsche Bank Securities, Wachovia Securities, Wells Fargo Securities, Castle Oak and Williams | |
| Type of Offering: |
SEC registered (No. 333-147737) | |
| Listing: |
None | |
| Long-term Debt Ratings: |
Moody’s, Aa2 (Stable); S&P, AA- (Stable) | |
| 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 Citi toll free at 1-877-858-5407, Goldman, Sachs & Co. toll free at 1-866-471-2526, Merrill Lynch, Pierce, Fenner & Smith toll free at 1-866-500-5408 or Morgan Stanley toll free at 1-866-718-1649.
Final Term Sheet
Filed Pursuant to Rule 433
Registration Statement No. 333-147737
January 10, 2008
UNITED PARCEL SERVICE, INC.
6.20% Notes Due 2038
| Issuer: |
United Parcel Service, Inc. | |
| Aggregate Principal Amount Offered: | $1,500,000,000 | |
| Maturity Date: |
January 15, 2038 | |
| Coupon (Interest Rate): |
6.200% per annum | |
| Price to Public (Issue Price): |
99.487% of principal amount | |
| Yield to Maturity: |
6.238% | |
| Benchmark Treasury: |
UST 4.750% due February 15, 2037 | |
| Benchmark Treasury Price and Yield: |
105-02; 4.438% | |
| Spread to Benchmark Treasury: |
1.800% (180 basis points) | |
| Interest Payment Dates: |
Semi-annually on January 15 and July 15, beginning on July 15, 2008 | |
| Day Count Convention: |
30 / 360 | |
| Optional Redemption: |
The Notes will be redeemable at Issuer’s option at any time, in whole or in part, at a redemption price equal to (A) the greater of (i) 100% of the principal amount of such Notes and (ii) the sum of the present values of remaining scheduled payments of principal and interest (exclusive of interest accrued to the date of redemption) on such Notes discounted to the redemption date on a semi-annual basis at the Treasury rate plus 0.300% (30 basis points), plus (B) accrued interest to the redemption date. | |
| Trade Date: |
January 10, 2008 | |
| Settlement Date (T+3): |
January 15, 2008 | |
| CUSIP Number: |
911312 AJ5 | |
| ISIN Number: |
US911312AJ59 | |
| Denominations: |
$2,000 x $1,000 | |
| Joint Book-Running Managers: |
Citi, Goldman, Sachs & Co. and Morgan Stanley | |
| Senior Co-Managers: |
Barclays Capital, UBS Investment Bank | |
| Junior Co-Managers: |
Bear, Stearns & Co. Inc., BNP PARIBAS, Credit Suisse, Deutsche Bank Securities, Wachovia Securities, Wells Fargo Securities, Castle Oak and Williams | |
| Type of Offering: |
SEC registered (No. 333-147737) | |
| Listing: |
None | |
| Long-term Debt Ratings: |
Moody’s, Aa2 (Stable); S&P, AA- (Stable) | |
| 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 Citi toll free at 1-877-858-5407, Goldman, Sachs & Co. toll free at 1-866-471-2526 or Morgan Stanley toll free at 1-866-718-1649.