Filed Pursuant to Rule 433
Registration No. 333-182399
November 6, 2012
FINAL TERM SHEET
Term Sheet Relating to
Prospectus
Dated June 28, 2012 and
Preliminary Prospectus Supplement
Dated November 6, 2012
Issuer: | Jones Lang LaSalle Incorporated | |
Principal Amount: | $275,000,000 | |
Maturity: | November 15, 2022 | |
Coupon: | 4.400% | |
Price to Public: | 99.703% | |
Yield to Maturity: | 4.437% | |
Benchmark Treasury: | 1.625% due August 15, 2022 | |
Benchmark Treasury Price / Yield: | 99-00 / 1.737% | |
Spread to Benchmark Treasury: | + 270 basis points | |
Interest Payment Dates: | May 15 and November 15, beginning on May 15, 2013 | |
Redemption Provisions | ||
Make-Whole Call: |
Before August 15, 2022, at the Treasury Rate plus 45 basis points | |
Par Call: |
On or after August 15, 2022, at par | |
Settlement: | November 9, 2012 | |
CUSIP Number / ISIN: | 48020QAA5 /US48020QAA58 | |
Ratings*: | Moodys Investors Service, Inc.: Baa2 (stable outlook) Standard & Poors Ratings Services: BBB- (stable outlook) | |
Joint Book-Running Managers: | Barclays Capital Inc. J.P. Morgan Securities LLC Wells Fargo Securities, LLC | |
Senior Co-Manager: | William Blair & Company, L.L.C. | |
Co-Managers: | BMO Capital Markets Corp. Deutsche Bank Securities Inc. HSBC Securities (USA) Inc. JMP Securities LLC PNC Capital Markets LLC RBS Securities Inc. U.S. Bancorp Investments, Inc. UBS Securities LLC The Williams Capital Group, L.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. |
Additional Information:
The disclosure on page S-13 of the preliminary prospectus supplement under Prospectus Supplement SummaryThe OfferingConflicts of Interest is amended to read as follows:
Affiliates of Barclays Capital Inc., Wells Fargo Securities, LLC, BMO Capital Markets Corp., PNC Capital Markets LLC, RBS Securities Inc. and U.S. Bancorp Investments, Inc., which are participating underwriters, may receive more than 5% of the net offering proceeds, not including underwriting compensation, as lenders under our credit facility. Accordingly, those participating underwriters may have a conflict of interest, as defined by FINRA Rule 5121. Therefore the offering will be conducted in accordance with FINRA Rule 5121(a).
The disclosure on page S-63 of the preliminary prospectus supplement in the third paragraph under Underwriting (Conflicts of Interest)Conflicts of Interest is amended to read as follows:
Affiliates of certain of the underwriters act as agents and/or lenders under our credit facility and will receive a portion of the net proceeds of this offering in connection with the partial repayment of borrowings under our credit facility. See Use of Proceeds. Affiliates of Barclays Capital Inc., Wells Fargo Securities, LLC, BMO Capital Markets Corp., PNC Capital Markets LLC, RBS Securities Inc. and U.S. Bancorp Investments, Inc., which are participating underwriters, may receive more than 5% of the net offering proceeds, not including underwriting compensation, as lenders under our credit facility. Accordingly, those participating underwriters may have a conflict of interest, as defined by FINRA Rule 5121. Therefore the offering will be conducted in accordance with FINRA Rule 5121(a).
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Jones Lang LaSalle Incorporated (the issuer) has filed a registration statement (including a prospectus) with the U.S. Securities and Exchange Commission (SEC) for the offering to which this communication relates. Before you invest, you should read the prospectus for this offering 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 website 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 Barclays Capital Inc. toll-free at 1-888-603-5847, extension 2663 or by emailing barclaysprospectus@broadridge.com or J.P. Morgan Securities LLC collect at 212-834-4533