Filed Pursuant to Rule 433
Registration No. 333-138510
November 13, 2008
Central Hudson Gas & Electric Corporation
Medium-Term Notes, Series F
$30,000,000 6.854% due November 1, 2013
Term Sheet
|
Issuer: |
Central Hudson Gas & Electric Corporation |
|
Market Type: |
Senior Unsecured MTN |
|
Ratings: |
A2/A/A |
|
Principal Amount: |
$30,000,000 |
|
Trade Date: |
November 13, 2008 |
|
Settlement Date: |
November 18, 2008 |
|
Final Maturity: |
November 1, 2013 |
|
Interest Payment Dates: |
May 1 and November 1, and at maturity |
|
1st Coupon Payment Date: |
May 1, 2009 |
|
Coupon: |
6.854% |
|
US Treasury Benchmark: |
UST 2.75% due October 31, 2013 |
|
US Treasury Yield: |
2.354% |
|
Business day convention: |
30/360 |
|
Re-offer Price: |
100% |
|
Redemption: |
100% |
|
Denomination: |
$1,000 x $1,000 |
|
Joint Bookrunners: |
Banc of America Securities LLC |
$10,000,000 |
|
|
J.P. Morgan Securities Inc. |
$10,000,000 |
|
|
KeyBanc Capital Markets Inc. |
$10,000,000 |
CUSIP: 15361G AS4
The security ratings above are not a recommendation to buy, sell or hold the securities hereby. The ratings may be subject to revision or withdrawal at any time by Moody's Investors Service, Standard & Poor's Ratings Services and Fitch Ratings. Each of the security ratings above should be evaluated independently of any other security rating.
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 1-800-294-1322 at Banc of America Securities LLC, 1- 212-834-4533 at J.P. Morgan Securities Inc., and 1-866-227-6479 at KeyBanc Capital Markets Inc.