Filed Pursuant to Rule 433
Registration Statement No. 333-186166
Pricing Term Sheet
Dated January 24, 2013
First American Financial Corporation
Pricing Term Sheet
Issuer: | First American Financial Corporation | |
Security Description: | 4.30% Senior Notes due 2023 | |
Ratings (Moodys / Fitch)*: | Baa3 / BBB- | |
Size: | $250,000,000 | |
Trade Date: | January 24, 2013 | |
Settlement Date: | January 29, 2013 (T+3) | |
Maturity: | February 1, 2023 | |
Interest Payment Dates: | February 1 and August 1, commencing August 1, 2013 | |
Coupon: | 4.30% | |
Price to Public: | 99.638% of principal amount | |
Benchmark Treasury: | 1.625% due November 15, 2022 | |
Benchmark Treasury Price / Yield: | 98-01 / 1.845% | |
Spread to Benchmark Treasury: | T+250 basis points | |
Yield to Maturity: | 4.345% | |
Optional Redemption: | Make-whole call at any time @ T+37.5 basis points | |
CUSIP / ISIN: | 31847R AE2 / US31847RAE27 | |
Joint Book-Running Managers: | J.P. Morgan Securities LLC Wells Fargo Securities, LLC U.S. Bancorp Investments, Inc. |
* | Note: A securities rating is not a recommendation to buy, sell or hold securities and may be revised or withdrawn at any time.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 J.P. Morgan Securities LLC collect at (212) 834-4533 or calling Wells Fargo Securities, LLC toll-free at (800) 326-5897 or emailing cmclientsupport@wellsfargo.com.