Filed Pursuant to Rule 433
Registration Statement No. 333-181059
Relating to
Preliminary Prospectus Supplement dated June 4, 2013 to
Prospectus dated April 30, 2012
THE ALLSTATE CORPORATION
$1,000,000,000
$500,000,000 3.15% SENIOR NOTES DUE 2023
$500,000,000 4.50% SENIOR NOTES DUE 2043
FINAL TERM SHEET
Dated June 4, 2013
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Issuer: |
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The Allstate Corporation | ||
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Security Type: |
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Senior Notes | ||
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Expected Ratings:* |
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A3 (Moody’s)/A- (S&P) | ||
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Format: |
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SEC Registered | ||
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Trade Date: |
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June 4, 2013 | ||
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Settlement Date: |
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June 7, 2013 (T+3) | ||
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Title: |
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2023 Notes |
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2043 Notes |
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Principal Amount: |
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$500,000,000 |
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$500,000,000 |
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Maturity Date: |
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June 15, 2023 |
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June 15, 2043 |
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Coupon (Interest Rate): |
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3.15% |
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4.50% |
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Interest Payment Dates: |
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Semi-annually on June 15 and December 15, beginning on December 15, 2013 |
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Semi-annually on June 15 and December 15, beginning on December 15, 2013 |
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Yield to Maturity: |
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3.173% |
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4.527% |
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Spread to Benchmark Treasury: |
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+102 basis points |
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+ 122 basis points |
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Benchmark Treasury: |
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UST 1.750% due May 15, 2023 |
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UST 3.125% due February 15, 2043 |
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Benchmark Treasury Price/Yield: |
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96-13 / 2.153% |
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96-18+ / 3.307% |
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Optional Redemption: |
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Callable at the greater of par or the make whole (T + 15 basis points) |
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Callable at the greater of par or the make whole (T + 20 basis points) |
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Price to Public: |
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99.803% |
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99.558% |
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CUSIP/ISIN: |
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020002AZ4/US020002AZ47 |
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020002BA8/US020002BA86 |
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Joint Book-Runners |
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Wells Fargo Securities, LLC Merrill Lynch, Pierce, Fenner & Smith |
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Goldman, Sachs & Co. |
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Co-Managers: |
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J.P. Morgan Securities LLC |
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Merrill Lynch, Pierce, Fenner & Smith Wells Fargo Securities, LLC |
*Note: An explanation of the significance of ratings may be obtained from the rating agencies. Generally, rating agencies base their ratings on such material and information, and such of their own investigations, studies and assumptions, as they deem appropriate. The ratings of the 3.15% Senior Notes due 2023 and 4.50% Senior Notes due 2043 should be evaluated independently from similar ratings of other securities. A credit rating of a security is not a recommendation to buy, sell or hold securities and may be subject to review, revision, suspension, reduction or withdrawal at any time by the assigning rating agency.
The Allstate Corporation has filed a registration statement (including a prospectus and related prospectus supplement) with the U.S. Securities and Exchange Commission (the “SEC”) for the offering to which this communication relates. Before you invest, you should read the prospectus supplement and prospectus for this offering in that registration statement, and other documents that The Allstate Corporation has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by searching the SEC online database (EDGAR®) at www.sec.gov. Alternatively, you may obtain a copy of the prospectus by calling Barclays Capital Inc. toll-free at 1-888-603-5847; Deutsche Bank Securities Inc. toll-free at 1-800-503-4611; Goldman, Sachs & Co. toll-free at 1-866-471-2526; J.P. Morgan Securities LLC collect at 1-212-834-4533; or Wells Fargo Securities, LLC toll-free at 1-800-326-5897.