Filed pursuant to Rule 433
Preliminary Prospectus dated March 2, 2011
Registration No. 333-157013
DOMINION RESOURCES, INC.
FINAL TERM SHEET
March 2, 2011
2011 Series A 4.45% |
2011 Series B 1.80% Senior Notes Due 2014 | |||
Issuer: | Dominion Resources, Inc. | Dominion Resources, Inc. | ||
Principal Amount: | $500,000,000 | $400,000,000 | ||
Expected Ratings (Moodys/S&P/Fitch)*: |
Baa2 (stable outlook)/A- (stable outlook)/BBB+ (stable outlook) | Baa2 (stable outlook)/A- (stable outlook)/BBB+ (stable outlook) | ||
Trade Date: | March 2, 2011 | March 2, 2011 | ||
Settlement Date: | March 7, 2011 | March 7, 2011 | ||
Final Maturity Date: | March 15, 2021 | March 15, 2014 | ||
Interest Payment Dates: | March 15 and September 15 | March 15 and September 15 | ||
First Interest Payment Date: | September 15, 2011 | September 15, 2011 | ||
Call Provisions: |
Make Whole Call at T+15 bps | Make Whole Call at T+10 bps | ||
Treasury Benchmark: | 3.625% due February 15, 2021 | 1.250% due February 15, 2014 | ||
Benchmark Yield: | 3.431% | 1.139% | ||
Spread to Benchmark: | + 105 bps | + 68 bps | ||
Reoffer Yield: | 4.481% | 1.819% | ||
Coupon: | 4.45% | 1.80% | ||
Price to Public: | 99.751% | 99.944% | ||
Proceeds to Company Before Expenses: | 99.101% | 99.544% | ||
CUSIP/ISIN: | 25746U BL2/US25746UBL26 | 25746U BK4/US25746UBK43 | ||
Joint Book-Running Managers: | Citigroup Global Markets Inc., Goldman, Sachs & Co., J.P. Morgan Securities LLC, Scotia Capital (USA) Inc. |
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, mailing or emailing:
Citigroup Global Markets Inc. | 1-877-858-5407 (toll free) | |
Goldman, Sachs & Co. | 1-866-471-2526 (toll free) | |
J.P. Morgan Securities LLC | 1-212-834-4533 (collect) | |
Scotia Capital (USA) Inc. | 1-800-372-3930 (toll free) |
*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.