Filed Pursuant to Rule
433
Dated November 3, 2006
Registration Statement No. 333-109211
3M Company
$400mm 5.125% Medium Term Notes Due 2009
Summary of Terms
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Issuer: |
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3M Company |
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Ratings: |
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Aa1 / AA |
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Trade Date: |
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November 3, 2006 |
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Settlement Date: |
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November 8, 2006 (T+3) |
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Maturity: |
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November 6, 2009 |
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Security Description: |
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SEC Registered 3yr Fixed Rate Notes |
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Total Principal Amount: |
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$400,000,000 |
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Yield: |
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5.141% |
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Spread |
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T+ 39 bps |
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Price / Coupon |
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99.956% / 5.125% |
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UST Spot |
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100-10 / 4.751% |
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Coupon Payment: |
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Pays Semi-Annually on the 6th day of May & November, beginning May 6, 2007 |
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Basis: |
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30 / 360 |
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Gross Proceeds: |
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$399,824,000 |
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Underwriting discount |
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$600,000 |
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Net Proceeds: |
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$399,224,000 |
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Bookrunners |
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Goldman, Sachs & Co. |
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($180mm) |
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UBS Securities LLC |
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($180mm) |
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Comanager |
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Merrill Lynch, Pierce, Fenner & Smith Incorporated |
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($40mm) |
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CUSIP |
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88579EAB1 |
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Minimum Denominations: |
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1000 by 1000 |
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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 1-866-471-2526.