Filed Pursuant to Rule 433
Registration No. 333-169374
Pricing Term Sheet
September 15, 2010
Summary of Terms for Issuance
Issuer: | SVB Financial Group | |
Ranking: | Senior Notes | |
Ratings:* | A3 / BBB | |
Principal Amount: | $350,000,000 | |
Pricing Date: | September 15, 2010 | |
Settlement Date: | September 20, 2010 | |
Maturity Date: | September 15, 2020 | |
Interest Payment Dates: | September 15 and March 15 of each year, beginning March 15, 2011 | |
Reference Benchmark: | 2.625% due August 15, 2020 | |
Benchmark Yield: | 2.717% | |
Spread to Benchmark: | +275 bps | |
Reoffer Yield: | 5.467% | |
Coupon: | 5.375% | |
Price to Investors (%): | 99.300% | |
Optional Redemption: | Make-whole call at any time at the greater of 100% of the principal amount of the notes being redeemed or discounted present value at the treasury rate plus 45 basis points | |
Minimum Denominations: | $2,000 | |
Minimum Increments: | $1,000 | |
CUSIP: | 78486QAC5 | |
ISIN: | US78486QAC50 | |
Book-Running Managers: | Banc of America Securities LLC and J.P. Morgan Securities LLC | |
Co-Managers: | Barclays Capital Inc. and Keefe, Bruyette & Woods, Inc. |
* | 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. |
THE ISSUER HAS FILED A REGISTRATION STATEMENT (INCLUDING A PROSPECTUS) AND A PROSPECTUS SUPPLEMENT WITH THE SEC FOR THE OFFERING TO WHICH THIS COMMUNICATION RELATES. BEFORE YOU INVEST, YOU SHOULD READ THE PROSPECTUS SUPPLEMENT AND 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 PROSPECTUS SUPPLEMENT AND PROSPECTUS INCLUDED IN THE REGISTRATION STATEMENT MAY BE OBTAINED BY CALLING EITHER BANC OF AMERICA SECURITIES LLC TOLL-FREE AT 1-800-294-1322. OR J.P. MORGAN SECURITIES LLC COLLECT AT 1-212-834-4533.
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