TIME WARNER CABLE INC.
Filed Pursuant to Rule 433
Registration No. 333-151671
 
Final Term Sheet
November 13, 2008
to Preliminary Prospectus Supplement
dated November 13, 2008
TIME WARNER CABLE INC.
FINAL TERM SHEET
Dated: November 13, 2008
 
     
Issuer:
   Time Warner Cable Inc. (the “Issuer”)
 
    
Guarantor:
   Time Warner Entertainment Company, L.P. and TW NY Cable Holding Inc.
 
    
Security:
   8.750% Notes Due 2019
 
    
Size:
   $1,250,000,000
 
    
Maturity:
   February 14, 2019
 
    
Coupon (Interest Rate):
   8.750%
 
    
Yield to Maturity:
   8.986%
 
    
Spread to Benchmark Treasury:
   T + 525 basis points
 
    
Benchmark Treasury:
   4.00% due August 15, 2018
 
    
Benchmark Treasury Price and Yield:
   Price: 102-04+
 
    
 
   Yield: 3.736%
 
    
Interest Payment Dates:
   February 14 and August 14 of each year, beginning on February 14, 2009
 
    
Redemption Provisions:
   Redeemable at any time and from time to time at the option of the Issuer,
 
   in whole or in part, at the greater of (i) 100% of the principal amount and
 
   (ii) the sum of the present values of the Remaining Scheduled Payments
 
   discounted to the redemption date, on a semi-annual basis, assuming a
 
   360-day year consisting of twelve 30-day months, at the Treasury Rate
 
   plus 50 basis points.
 
    
Price to Public:
   98.465%
 
    
Settlement Date:
   November 18, 2008
 
    
CUSIP Number:
   88732J AP3

 

 

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 toll-free Citigroup Global Markets Inc. at 1-877-858-5407, Deutsche Bank Securities Inc. at 1-800-503-4611, Goldman, Sachs & Co. at 1-866-471-2526 or Mizuho Securities USA Inc. at 1-800-221-8866 (ext. 3143).