Form FWP - Filing under Securities Act Rules 163/433 of free writing prospectuses
October 05 2023 - 5:08PM
Edgar (US Regulatory)
Filed Pursuant to Rule 433 under the Securities Act of 1933
Registration Statement No. 333-271038
Issuer Free Writing Prospectus, dated October 5, 2023
ATMOS ENERGY CORPORATION
Final Term Sheet
5.900%
Senior Notes due 2033
6.200% Senior Notes due 2053
This Free Writing Prospectus relates only to the 5.900% Senior Notes due 2033 and the 6.200% Senior Notes due 2053 of Atmos Energy Corporation and should
be read together with the Preliminary Prospectus Supplement dated October 5, 2023.
|
|
|
|
|
Issuer: |
|
Atmos Energy Corporation |
|
|
Expected Ratings (Moodys/S&P):* |
|
A1 (Stable) / A- (Stable) |
|
|
Trade Date: |
|
October 5, 2023 |
|
|
Settlement Date (T+2): |
|
October 10, 2023 |
|
|
Security Description: |
|
Senior Unsecured Notes |
|
|
5.900% Notes due 2033 |
|
|
|
|
Principal Amount: |
|
$400,000,000 |
|
|
Maturity Date: |
|
November 15, 2033 |
|
|
Interest Payment Dates: |
|
Semi-annually in arrears on May 15 and November 15, beginning May 15, 2024 (long first coupon) |
|
|
Coupon: |
|
5.900% |
|
|
Benchmark Treasury: |
|
3.875% UST due August 15, 2033 |
|
|
Benchmark Treasury Price & Yield: |
|
93-13+/ 4.716% |
|
|
Spread to Benchmark Treasury: |
|
+120 bps (1.200%) |
|
|
Yield to Maturity: |
|
5.916% |
|
|
Public Offering Price: |
|
99.870% of principal amount plus accrued interest from the Settlement Date |
|
|
Net Proceeds (before expenses) to the Issuer: |
|
$396,880,000 (99.220%) |
|
|
Day Count Convention: |
|
30/360 |
|
|
Optional Redemption Provisions: |
|
The 2033 Notes may be redeemed, at the option of Atmos Energy Corporation, prior to August 15, 2033 (which is the date that is three months prior to the maturity date of the notes), in whole or from time to time in part, at the
make-whole redemption price. |
|
|
|
|
|
|
|
The 2033 Notes may also be redeemed, at the option of Atmos Energy Corporation, at any time on or after August 15, 2033 (which is the date that is three months prior to the maturity date of the notes), in whole or in part, at
100% of the principal amount of the Notes to be redeemed plus accrued and unpaid interest, if any, to the redemption date. |
|
|
Make-Whole Call: |
|
Make whole call at T+20 basis points |
|
|
CUSIP/ISIN: |
|
049560 AZ8 / US049560AZ81 |
|
|
6.200% Notes due 2053 |
|
|
|
|
Principal Amount: |
|
$500,000,000 |
|
|
Maturity Date: |
|
November 15, 2053 |
|
|
Interest Payment Dates: |
|
Semi-annually in arrears on May 15 and November 15, beginning May 15, 2024 (long first coupon) |
|
|
Coupon: |
|
6.200% |
|
|
Benchmark Treasury: |
|
3.625% UST due May 15, 2053 |
|
|
Benchmark Treasury Price & Yield: |
|
80-11+/ 4.887% |
|
|
Spread to Benchmark Treasury: |
|
+133 bps (1.330%) |
|
|
Yield to Maturity: |
|
6.217% |
|
|
Public Offering Price: |
|
99.759% of principal amount plus accrued interest from the Settlement Date |
|
|
Net Proceeds (before expenses) to the Issuer: |
|
$494,420,000 (98.884%) |
|
|
Day Count Convention: |
|
30/360 |
|
|
|
|
|
Optional Redemption Provisions: |
|
The 2053 Notes may be redeemed, at the option of Atmos Energy Corporation, prior to May 15, 2053 (which is the date that is six months
prior to the maturity date of the notes), in whole or from time to time in part, at the make-whole redemption price.
The 2053 Notes may also be redeemed, at the option of Atmos Energy Corporation, at any time on or after May 15, 2053 (which is the date that is six months
prior to the maturity date of the notes), in whole or in part, at 100% of the principal amount of the Notes to be redeemed plus accrued and unpaid interest, if any, to the redemption date. |
|
|
Make-Whole Call: |
|
Make whole call at T+20 basis points |
|
|
CUSIP/ISIN: |
|
049560 BA2 / US049560BA22 |
|
|
Joint Book-Running Managers: |
|
BofA Securities, Inc. Credit Agricole Securities (USA) Inc. Mizuho Securities USA LLC TD Securities (USA) LLC CIBC World Markets Corp. Truist Securities, Inc. Wells Fargo Securities, LLC |
|
|
Sr. Co-Manager: |
|
Fifth Third Securities, Inc. Regions Securities LLC |
|
|
Co-Manager: |
|
Academy Securities, 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. |
Atmos Energy Corporation 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 Atmos Energy Corporation
and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, Atmos Energy Corporation, any underwriter or any dealer participating in the offering will arrange to send you the
prospectus if you request it by contacting Credit Agricole Securities (USA) Inc. at 1-866-807-6030 (toll free), BofA Securities,
Inc. at 1-800-294-1322 (toll- free), Mizuho Securities USA LLC at
1-866-271-7403 (toll- free); or TD Securities (USA) LLC at 1-855-495-9846 (toll-free).
Any disclaimer or other notice that may appear below is not applicable to
this communication and should be disregarded. Such disclaimer or notice was automatically generated as a result of this communication being sent by Bloomberg or another email system.
Atmos Energy (NYSE:ATO)
Historical Stock Chart
From Jun 2024 to Jul 2024
Atmos Energy (NYSE:ATO)
Historical Stock Chart
From Jul 2023 to Jul 2024