| Free Writing Prospectus | Filed pursuant to Rule 433 | |
| (To the Preliminary Prospectus | Registration Statement No. 333-142044 | |
| Supplement dated March 18, 2010) |
The Hartford Financial Services Group, Inc.
$300,000,000
6.625% Senior Notes due March 30, 2040
FINAL TERM SHEET Dated March 18, 2010
$300,000,000
6.625% Senior Notes due March 30, 2040
FINAL TERM SHEET Dated March 18, 2010
Issuer:
|
The Hartford Financial Services Group, Inc. | |
Security:
|
SEC Registered Senior Unsecured Notes | |
Specified Currency:
|
U.S. Dollars | |
Expected Ratings*:
|
Baa3 (Stable) / BBB (Negative) / BBB- (Negative) | |
Size:
|
$300,000,000 | |
Trade Date:
|
March 18, 2010 | |
Settlement Date (T+3):
|
March 23, 2010 | |
Final Maturity:
|
March 30, 2040 | |
Coupon:
|
6.625% | |
Benchmark Treasury:
|
4.375% US Treasury due 11/2039 | |
Benchmark Treasury Price:
|
96-14+ | |
Benchmark Treasury Yield:
|
4.595% | |
Spread to Treasury:
|
+205 basis points | |
Re-offer Yield:
|
6.645% | |
Price to Public:
|
99.739% of principal amount | |
Interest Payment Dates:
|
Semi-annually in arrears on March 30 and September 30, commencing September 30, 2010 | |
Day Count Convention:
|
30/360 | |
Optional Redemption:
|
At any time in full or in part on one or more occasions, make-whole call at a discount rate of Treasury plus 30 basis points or, if greater, 100% of the principal amount of notes to be redeemed, in each case plus accrued and unpaid interest to the date of redemption | |
Proceeds (after underwriting
discount and before expenses)
to issuer:
|
$296,592,000 (98.864% of principal amount) | |
Authorized Denominations:
|
$2,000 and integral multiples of $1,000 in excess thereof | |
CUSIP/ISIN:
|
416515 BA1 / US416515BA11 | |
Book-Running Managers:
|
Goldman, Sachs & Co. J.P. Morgan Securities Inc. Citigroup Global Markets Inc. Credit Suisse Securities (USA) LLC Wells Fargo Securities, LLC |
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
Goldman, Sachs & Co., toll-free at 866-471-2526, or by calling J.P. Morgan Securities Inc. at
212-834-4533
* The security ratings above are not a recommendation to buy, sell or hold the securities offered
hereby. The ratings are subject to revision or withdrawal at any time by Moody’s S&P and Fitch.
Each of the security ratings above should be evaluated independently of any other security rating
ANY DISCLAIMERS OR OTHER NOTICES THAT MAY APPEAR BELOW ARE NOT APPLICABLE TO THIS COMMUNICATION AND
SHOULD BE DISREGARDED. SUCH DISCLAIMERS OR OTHER NOTICES WERE AUTOMATICALLY GENERATED AS A RESULT
OF THIS COMMUNICATION BEING SENT VIA BLOOMBERG OR ANOTHER E-MAIL SYSTEM.