<SEC-DOCUMENT>0001104659-13-028023.txt : 20130409
<SEC-HEADER>0001104659-13-028023.hdr.sgml : 20130409
<ACCEPTANCE-DATETIME>20130409163901
ACCESSION NUMBER:		0001104659-13-028023
CONFORMED SUBMISSION TYPE:	FWP
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20130409
DATE AS OF CHANGE:		20130409

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			RELIANCE STEEL & ALUMINUM CO
		CENTRAL INDEX KEY:			0000861884
		STANDARD INDUSTRIAL CLASSIFICATION:	WHOLESALE-METALS SERVICE CENTERS & OFFICES [5051]
		IRS NUMBER:				951142616
		STATE OF INCORPORATION:			CA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		FWP
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	333-187666
		FILM NUMBER:		13751442

	BUSINESS ADDRESS:	
		STREET 1:		350 S GRAND AVE STE 5100
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90071
		BUSINESS PHONE:		2136877700

	MAIL ADDRESS:	
		STREET 1:		350 S GRAND AVE STE 5100
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90071

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			RELIANCE STEEL & ALUMINUM CO
		CENTRAL INDEX KEY:			0000861884
		STANDARD INDUSTRIAL CLASSIFICATION:	WHOLESALE-METALS SERVICE CENTERS & OFFICES [5051]
		IRS NUMBER:				951142616
		STATE OF INCORPORATION:			CA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		FWP

	BUSINESS ADDRESS:	
		STREET 1:		350 S GRAND AVE STE 5100
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90071
		BUSINESS PHONE:		2136877700

	MAIL ADDRESS:	
		STREET 1:		350 S GRAND AVE STE 5100
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90071
</SEC-HEADER>
<DOCUMENT>
<TYPE>FWP
<SEQUENCE>1
<FILENAME>a13-9166_4fwp.htm
<DESCRIPTION>FWP
<TEXT>


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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Filed Pursuant to Rule&nbsp;433</font></b></p>
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Registration Statement No.&nbsp;333-187666</font></b></p>
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Pricing Term Sheet</font></b></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">RELIANCE STEEL&nbsp;&amp; ALUMINUM CO.</font></b></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">4.500% Senior Notes due 2023</font></b></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><u><font size="2" face="Arial" style="font-size:10.0pt;">Pricing Term Sheet</font></u></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
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<td width="50%" valign="top" style="padding:.7pt 0in .7pt 0in;width:50.18%;">
<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">Issuer:</font></b></p>    </td>
<td width="3%" valign="bottom" style="padding:.7pt 0in .7pt 0in;width:3.06%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="46%" valign="top" style="padding:.7pt 0in .7pt 0in;width:46.76%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Reliance   Steel&nbsp;&amp; Aluminum Co.</font></p>    </td>   </tr>
<tr>
<td width="50%" valign="top" style="padding:.7pt 0in .7pt 0in;width:50.18%;">
<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">Security:</font></b></p>    </td>
<td width="3%" valign="bottom" style="padding:.7pt 0in .7pt 0in;width:3.06%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="46%" valign="top" style="padding:.7pt 0in .7pt 0in;width:46.76%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">4.500%   Senior Notes due 2023.</font></p>    </td>   </tr>
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<td width="50%" valign="top" style="padding:.7pt 0in .7pt 0in;width:50.18%;">
<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">Size:</font></b></p>    </td>
<td width="3%" valign="bottom" style="padding:.7pt 0in .7pt 0in;width:3.06%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="46%" valign="top" style="padding:.7pt 0in .7pt 0in;width:46.76%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">$500,000,000.</font></p>    </td>   </tr>
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<td width="50%" valign="top" style="padding:.7pt 0in .7pt 0in;width:50.18%;">
<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">Security   Type:</font></b></p>    </td>
<td width="3%" valign="bottom" style="padding:.7pt 0in .7pt 0in;width:3.06%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="46%" valign="top" style="padding:.7pt 0in .7pt 0in;width:46.76%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">SEC   registered.</font></p>    </td>   </tr>
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<td width="50%" valign="top" style="padding:.7pt 0in .7pt 0in;width:50.18%;">
<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">Maturity:</font></b></p>    </td>
<td width="3%" valign="bottom" style="padding:.7pt 0in .7pt 0in;width:3.06%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="46%" valign="top" style="padding:.7pt 0in .7pt 0in;width:46.76%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">April 15,   2023.</font></p>    </td>   </tr>
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<td width="50%" valign="top" style="padding:.7pt 0in .7pt 0in;width:50.18%;">
<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">Coupon:</font></b></p>    </td>
<td width="3%" valign="bottom" style="padding:.7pt 0in .7pt 0in;width:3.06%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="46%" valign="top" style="padding:.7pt 0in .7pt 0in;width:46.76%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">4.500%.</font></p>    </td>   </tr>
<tr>
<td width="50%" valign="top" style="padding:.7pt 0in .7pt 0in;width:50.18%;">
<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">Price:</font></b></p>    </td>
<td width="3%" valign="bottom" style="padding:.7pt 0in .7pt 0in;width:3.06%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="46%" valign="top" style="padding:.7pt 0in .7pt 0in;width:46.76%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">99.585%   of face amount.</font></p>    </td>   </tr>
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<td width="50%" valign="top" style="padding:.7pt 0in .7pt 0in;width:50.18%;">
<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">Yield   to Maturity:</font></b></p>    </td>
<td width="3%" valign="bottom" style="padding:.7pt 0in .7pt 0in;width:3.06%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="46%" valign="top" style="padding:.7pt 0in .7pt 0in;width:46.76%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">4.552%.</font></p>    </td>   </tr>
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<td width="50%" valign="top" style="padding:.7pt 0in .7pt 0in;width:50.18%;">
<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">Spread   to Benchmark Treasury:</font></b></p>    </td>
<td width="3%" valign="bottom" style="padding:.7pt 0in .7pt 0in;width:3.06%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="46%" valign="top" style="padding:.7pt 0in .7pt 0in;width:46.76%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">280   basis points.</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">Benchmark   Treasury:</font></b></p>    </td>
<td width="3%" valign="bottom" style="padding:.7pt 0in .7pt 0in;width:3.06%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="46%" valign="top" style="padding:.7pt 0in .7pt 0in;width:46.76%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">2.000%   due February 15, 2023.</font></p>    </td>   </tr>
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<td width="50%" valign="top" style="padding:.7pt 0in .7pt 0in;width:50.18%;">
<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">Benchmark   Treasury Price and Yield:</font></b></p>    </td>
<td width="3%" valign="bottom" style="padding:.7pt 0in .7pt 0in;width:3.06%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="46%" valign="top" style="padding:.7pt 0in .7pt 0in;width:46.76%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">102-7+   and 1.752%.</font></p>    </td>   </tr>
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<td width="50%" valign="top" style="padding:.7pt 0in .7pt 0in;width:50.18%;">
<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">Interest   Payment Dates:</font></b></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="46%" valign="top" style="padding:.7pt 0in .7pt 0in;width:46.76%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">April 15   and October 15, commencing October 15, 2013.</font></p>    </td>   </tr>
<tr>
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<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">Redemption   Provisions:</font></b></p>    </td>
<td width="3%" valign="bottom" style="padding:.7pt 0in .7pt 0in;width:3.06%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="46%" valign="top" style="padding:.7pt 0in .7pt 0in;width:46.76%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>   </tr>
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<td width="50%" valign="top" style="padding:.7pt 0in .7pt 0in;width:50.18%;">
<p style="margin:0in 0in .0001pt .25in;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">Optional Redemption:</font></b></p>    </td>
<td width="3%" valign="bottom" style="padding:.7pt 0in .7pt 0in;width:3.06%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="46%" valign="top" style="padding:.7pt 0in .7pt 0in;width:46.76%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Prior to   January 15, 2023, at any time at a discount rate of Treasury plus 45 basis   points. </font></p>
<p style="margin:0in 0in .0001pt;"><font size="1" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">On or   after January 15, 2023, at any time at par.</font></p>    </td>   </tr>
<tr>
<td width="50%" valign="top" style="padding:.7pt 0in .7pt 0in;width:50.18%;">
<p style="margin:0in 0in .0001pt .25in;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">Special Mandatory Redemption:</font></b></p>    </td>
<td width="3%" valign="bottom" style="padding:.7pt 0in .7pt 0in;width:3.06%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="46%" valign="top" style="padding:.7pt 0in .7pt 0in;width:46.76%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">If the   acquisition of Metals USA Holdings Corp. has not closed by December&nbsp;15,   2013 or if a Merger Termination Event (as defined in the Prospectus) occurs,   the Company will be required to redeem the notes, in whole but not in part,   at a redemption price equal to 101% of the aggregate principal amount of the   notes, plus accrued and unpaid interest on the notes to the date of   redemption.</font></p>    </td>   </tr>
<tr>
<td width="50%" valign="top" style="padding:.7pt 0in .7pt 0in;width:50.18%;">
<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">Net   Proceeds to Issuer Before Expenses:</font></b></p>    </td>
<td width="3%" valign="bottom" style="padding:.7pt 0in .7pt 0in;width:3.06%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="46%" valign="top" style="padding:.7pt 0in .7pt 0in;width:46.76%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">$494,675,000</font></p>    </td>   </tr>
<tr>
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<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">Trade   Date:</font></b></p>    </td>
<td width="3%" valign="bottom" style="padding:.7pt 0in .7pt 0in;width:3.06%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="46%" valign="top" style="padding:.7pt 0in .7pt 0in;width:46.76%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">April&nbsp;9,   2013</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">Settlement:</font></b></p>    </td>
<td width="3%" valign="bottom" style="padding:.7pt 0in .7pt 0in;width:3.06%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="46%" valign="top" style="padding:.7pt 0in .7pt 0in;width:46.76%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">T+3;   April&nbsp;12, 2013.</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">CUSIP:</font></b></p>    </td>
<td width="3%" valign="bottom" style="padding:.7pt 0in .7pt 0in;width:3.06%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="46%" valign="top" style="padding:.7pt 0in .7pt 0in;width:46.76%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">759509AE2.</font></p>    </td>   </tr>
<tr>
<td width="50%" valign="top" style="padding:.7pt 0in .7pt 0in;width:50.18%;">
<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">ISIN:</font></b></p>    </td>
<td width="3%" valign="bottom" style="padding:.7pt 0in .7pt 0in;width:3.06%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="46%" valign="top" style="padding:.7pt 0in .7pt 0in;width:46.76%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">US   759509AE27.</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">Ratings*:</font></b></p>    </td>
<td width="3%" valign="bottom" style="padding:.7pt 0in .7pt 0in;width:3.06%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="46%" valign="top" style="padding:.7pt 0in .7pt 0in;width:46.76%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Baa3 /   BBB (Moody&#146;s / S&amp;P).</font></p>    </td>   </tr>
<tr>
<td width="50%" valign="top" style="padding:.7pt 0in .7pt 0in;width:50.18%;">
<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">Minimum   Denomination:</font></b></p>    </td>
<td width="3%" valign="bottom" style="padding:.7pt 0in .7pt 0in;width:3.06%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="46%" valign="top" style="padding:.7pt 0in .7pt 0in;width:46.76%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">$2,000   and integral multiples of $1,000 in excess thereof.</font></p>    </td>   </tr>
<tr>
<td width="50%" valign="top" style="padding:.7pt 0in .7pt 0in;width:50.18%;">
<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">Joint   Book-Running Managers:</font></b></p>    </td>
<td width="3%" valign="bottom" style="padding:.7pt 0in .7pt 0in;width:3.06%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="46%" valign="top" style="padding:.7pt 0in .7pt 0in;width:46.76%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">J.P.   Morgan Securities LLC</font></p>
<p style="margin:0in 0in .0001pt .75in;text-indent:-.75in;"><font size="2" face="Arial" style="font-size:10.0pt;">Merrill Lynch, Pierce, Fenner&nbsp;&amp; Smith<br>   Incorporated</font></p>
<p style="margin:0in 0in .0001pt;"><font size="1" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Wells   Fargo Securities, LLC</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">Senior   Co-Managers:</font></b></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Mizuho   Securities USA Inc.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">U.S. Bancorp   Investments, Inc.</font></p>    </td>   </tr>
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<td width="50%" valign="top" style="padding:.7pt 0in .7pt 0in;width:50.18%;">
<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">Co-Managers:</font></b></p>    </td>
<td width="3%" valign="bottom" style="padding:.7pt 0in .7pt 0in;width:3.06%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Fifth   Third Securities, Inc.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">KeyBanc   Capital Markets Inc.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">Mitsubishi   UFJ Securities (USA), Inc.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">PNC   Capital Markets LLC</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">SMBC Nikko   Capital Markets Limited</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">SunTrust   Robinson Humphrey, Inc.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">TD   Securities (USA) LLC</font></p>    </td>   </tr>  </table>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">*Note: A securities rating is not a recommendation to buy, sell or hold securities and may be revised or withdrawn at any time.</font></b></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="3" face="Times New Roman" style="font-size:12.0pt;">1<a name="PB_1_115809_7056"></a></font></p>
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<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates.&#160; 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.&#160; You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov.&#160; 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 J.P. Morgan Securities LLC toll-free at (866) 846-2874, calling Merrill Lynch, Pierce, Fenner&nbsp;&amp; Smith Incorporated toll-free at 1-800-294-1322, or writing them or emailing them at Merrill Lynch, Pierce, Fenner&nbsp;&amp; Smith Incorporated 222 Broadway, 7th Floor, New York, NY 10038, Attention:&#160; Prospectus Department, or e-mail dg.prospectus_requests@baml.com, or calling Wells Fargo Securities, LLC toll-free at 1-800-326-5897, or writing them or e-mailing them at, Wells Fargo Securities, LLC, Attention: Capital Markets Client Support, 1525 West W.T. Harris Blvd., NC0675, Charlotte, North Carolina 28262 or e-mail cmclientsupport@wellsfargo.com.</font></b></p>
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