Filed Pursuant to Rule 433
Registration No. 333-172299
FINAL TERM SHEET
Dated November 26, 2013
DOVER CORPORATION
300,000,000 2.125% Notes Due 2020
Issuer: | Dover Corporation | |
Title of Securities: | 2.125% Notes Due 2020 (the Notes) | |
Legal Format: | SEC registered | |
Aggregate Principal Amount: | 300,000,000 | |
Issue Price (Price to Public): | 99.807% of principal amount | |
Maturity: | December 1, 2020 | |
Coupon (Interest Rate): | 2.125% | |
Benchmark Security: | DBR 2.250% due September 4, 2020 | |
Spread to Benchmark Security: | 112.4 basis points (1.124%) | |
Benchmark Security Price and Yield: |
107.92; 1.031% | |
Mid-Swap Yield: | 1.475% | |
Spread to Mid-Swap Yield: | 0.68% | |
Yield to Maturity: | 2.155% | |
Interest Payment Dates: | December 1 of each year, beginning on December 1, 2014 | |
Regular Record Dates: | November 15 of each year | |
Day Count Convention: | ACTUAL/ACTUAL (ICMA) |
Redemption Provisions: | No mandatory redemption provisions | |
Dover Corporation may, at its option, redeem the Notes, including for tax reasons, as described in the preliminary prospectus supplement, dated November 26, 2013 | ||
Make-Whole Provision: | Comparable Government Bond Rate (as defined in the Notes) plus 12 basis points | |
Change of Control Offer: | As described in the preliminary prospectus supplement, dated November 26, 2013 | |
Trade Date: | November 26, 2013 | |
Settlement Date: | T+6 (London business days); December 4, 2013 | |
Listing: | Dover Corporation intends to apply to list the Notes on The New York Stock Exchange | |
Joint Book-Running Managers: | Deutsche Bank AG, London Branch | |
Goldman, Sachs & Co. | ||
Co-Managers: | Citigroup Global Markets Limited | |
HSBC Bank plc | ||
J.P. Morgan Securities plc | ||
Merrill Lynch, Pierce, Fenner & Smith Incorporated | ||
Morgan Stanley & Co. International plc | ||
The Royal Bank of Scotland plc | ||
U.S. Bancorp Investments, Inc. | ||
Wells Fargo Securities, LLC | ||
CUSIP: | 260003 AL2 | |
ISIN: | XS0998989098 | |
Common Code: | 099898909 | |
Denominations: | 100,000 and integral multiples of 1,000 in excess thereof | |
Ratings*: | A2 (Moodys); A (S&P) |
* | 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. |
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The offer and sale of the Notes to which this final term sheet relates have been registered by Dover Corporation by means of a registration statement on Form S-3 (SEC File No. 333-172299).
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 this offering will arrange to send you the prospectus if you request it by calling Deutsche Bank AG, London Branch toll free at 1-800-503-4611 and Goldman, Sachs & Co. toll free at 1-866-471-2526.
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