Free Writing Prospectus

Filed Pursuant to Rule 433

Registration Statement No. 333-186953

March 20, 2013

Final Term Sheet

 

LOGO

$600,000,000 1.300% Notes due 2018

$400,000,000 4.100% Notes due 2043

 

Issuer:

   Stryker Corporation
    

2018 Notes

  

2043 Notes

Security Type:    1.300% Notes due 2018    4.100% Notes due 2043
Size:    $600,000,000    $400,000,000
Maturity Date:    April 1, 2018    April 1, 2043
Interest Payment Dates:   

Each April 1 and October 1,

commencing October 1, 2013

  

Each April 1 and October 1,

commencing October 1, 2013

Coupon (Interest Rate):    1.300%    4.100%
Price to Public:    99.565%    98.588%
Benchmark Treasury:    0.75% due February 28, 2018    2.75% due November 15, 2042
Spread to Benchmark      
Treasury:    T+60 bps    T+100 bps
Benchmark Treasury      
Yield:    0.790%    3.183%
Yield to Maturity:    1.390%    4.183%
Redemption:      
    Make-Whole Call:    T+10 bps    T+15 bps
    Par Call:    not applicable   

Beginning six months prior to

maturity

CUSIP / ISIN:   

863667 AD3

US8636677AD34

  

863667 AE1

US863667AE17

(Moody’s / S&P)*:    A3/A+ (stable/stable)


Trade Date:    March 20, 2013
Settlement Date:    March 25, 2013 (T+3)
Joint Book-Running   
Managers:    Barclays Capital Inc.
   Goldman, Sachs & Co.
   Merrill Lynch, Pierce, Fenner & Smith
                        Incorporated
Senior Co-Managers:    BNP Paribas Securities Corp.
   Citigroup Global Markets Inc.
   J.P. Morgan Securities LLC
   Morgan Stanley & Co. LLC
   Wells Fargo Securities, LLC
Co-Managers:    Mitsubishi UFJ Securities (USA), Inc.
   HSBC Securities (USA) Inc.
   RBS Securities Inc.
   U.S. Bancorp Investments, Inc.
   Mizuho Securities USA Inc.
   The Williams Capital Group, L.P.
   PNC Capital Markets LLC

 

* 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) 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 or e-mailing Barclays Capital Inc. at 1-888-603-5847 or barclaysprospectus@broadridge.com, Goldman, Sachs & Co. at 1-866-471-2526 or prospectus-ny@ny.email.gs.com, or Merrill Lynch, Pierce, Fenner & Smith Incorporated at 1-800-294-1322 or Dg.prospectus_requests@baml.com.