Filed Pursuant to Rule 433
Registration No. 333-142058
June 16, 2009
The Valspar Corporation
Final Term Sheet
$300,000,000 7.250% Senior Notes due 2019
The following information supplements the Preliminary Prospectus Supplement dated June 16, 2009, and
is filed pursuant to Rule 433, under Registration No. 333-142058
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| Issuer:
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The Valspar Corporation |
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| Security Type:
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Senior Unsecured Notes |
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| Ratings (Moody’s / S&P)*:
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Baa2 (Stable) / BBB (Stable) |
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| Pricing Date:
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June 16, 2009 |
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| Settlement Date (T+3):
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June 19, 2009 |
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| Maturity Date:
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June 15, 2019 |
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| Principal Amount:
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$300,000,000 |
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| Denominations:
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$2,000 and integral multiples of $1,000 |
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| Benchmark:
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UST 3.125% due May 15, 2019 |
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| Benchmark Price / Yield:
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95-12 / 3.686% |
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| Re-offer Spread to Benchmark:
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362.5 basis points |
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| Yield to Maturity:
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7.311% |
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| Coupon:
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7.250% |
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| Public Offering Price:
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99.574% of face amount |
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| Optional Redemption:
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Treasury rate + 50 basis points |
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| Interest Payment Dates:
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June 15 and December 15, beginning December 15, 2009 |
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| CUSIP / ISIN:
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920355 AF1 / US920355AF11 |
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| Joint Bookrunning Managers:
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Banc of America Securities LLC |
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Goldman, Sachs & Co. |
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Wachovia Capital Markets, LLC |
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| Co-Managers:
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Deutsche Bank Securities Inc. |
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Mitsubishi UFJ Securities (USA), Inc. |
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PNC Capital Markets LLC |
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U.S. Bancorp Investments, Inc. |
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Comerica Securities, 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 base prospectus) and a prospectus
supplement with the U.S. Securities and Exchange Commission (SEC) for the offering to which this
communication relates. Before you invest, you should read the prospectus supplement for this
offering, the issuer’s prospectus in that registration statement and any 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 searching the SEC online data base (IDEA) on the SEC web
site at http://www.sec.gov. Alternatively, the issuer, any underwriter or any dealer
participating in the offering will arrange to send you the prospectus supplement and prospectus
if you request it by calling Banc of America Securities LLC toll-free at 1-800-294-1322, Goldman,
Sachs & Co. at 1-866-471-2526 or Wachovia Capital Markets, LLC toll-free at 1-800-326-5897.