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Issuer Free Writing Prospectus
Registration Statement No. 333-146063
Dated September 14, 2007
Filed Pursuant to Rule 433
USEC Inc.
Common Stock, par value $0.10 per share
Final Terms and Conditions, dated September 24, 2007
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Issuer:
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USEC Inc. |
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Securities Offered:
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20,000,000 shares of common stock, par value $0.10 per share, of USEC Inc. |
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Option to Purchase
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Additional Shares: |
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3,000,000 shares |
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Price to Public:
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$9.76 |
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Concurrent Offering:
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$500,000,000 3.0% Convertible Senior Notes due 2014 at an initial public
offering price of 100% |
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Use of Proceeds
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The net proceeds to USEC from the sale of common stock will be
approximately $185.8 million (or approximately $213.8 million if the
underwriters exercise their option to purchase additional shares in full)
and the net proceeds from the concurrent offering of Convertible Senior
Notes will be approximately $487.3 million (or approximately $560.7
million if the underwriters exercise their option to purchase additional
Notes in full). All of the net proceeds from these offerings will be
applied to the development, demonstration and deployment of the American
Centrifuge project and USECs general operating expenses and working
capital requirements, as described in the preliminary prospectus
supplement. |
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Joint Bookrunners:
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Goldman, Sachs & Co. |
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Merrill Lynch, Pierce, Fenner & Smith Incorporated |
The issuer has filed a registration statement (including a prospectus and prospectus supplements)
with the Securities and Exchange Commission 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 Securities and Exchange Commission for more complete
information about the issuer and this offering. You may get these documents for free by visiting
EDGAR on the Web site of the Securities and Exchange Commission at www.sec.gov. Copies of the
prospectus and prospectus supplements relating to the offering may be obtained from Goldman, Sachs
& Co., 85 Broad Street, New York, NY 10004, Attention: Prospectus Department (866-471-2526);
Merrill Lynch, Pierce, Fenner & Smith Incorporated, 4 World Financial Center, New York, NY 10080, Attention: Prospectus Department
(4th Floor); or Wachovia Securities Equity Syndicate Department, 375 Park Avenue, 4th
Floor, New York, NY 10152, or by e-mail at equity.syndicate@wachovia.com.
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
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