<SEC-DOCUMENT>0001104659-24-086878.txt : 20240808
<SEC-HEADER>0001104659-24-086878.hdr.sgml : 20240808
<ACCEPTANCE-DATETIME>20240807200709
ACCESSION NUMBER:		0001104659-24-086878
CONFORMED SUBMISSION TYPE:	FWP
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20240808
DATE AS OF CHANGE:		20240807

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			UNILEVER PLC
		CENTRAL INDEX KEY:			0000217410
		STANDARD INDUSTRIAL CLASSIFICATION:	SOAP, DETERGENT, CLEANING PREPARATIONS, PERFUMES, COSMETICS [2840]
		ORGANIZATION NAME:           	08 Industrial Applications and Services
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		FWP
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	333-273447
		FILM NUMBER:		241185584

	BUSINESS ADDRESS:	
		STREET 1:		UNILEVER HOUSE
		STREET 2:		BLACKFRIARS
		CITY:			LONDON ENGLAND
		STATE:			X0
		ZIP:			EC4P 4BQ
		BUSINESS PHONE:		201-894-2790

	MAIL ADDRESS:	
		STREET 1:		C/O UNILEVER UNITED STATES INC
		STREET 2:		700 SYLVAN AVENUE (ATTN.: M MONTAGNINO)
		CITY:			ENGLEWOOD CLIFFS
		STATE:			NJ
		ZIP:			07632

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	UNILEVER LTD
		DATE OF NAME CHANGE:	19820429

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			UNILEVER PLC
		CENTRAL INDEX KEY:			0000217410
		STANDARD INDUSTRIAL CLASSIFICATION:	SOAP, DETERGENT, CLEANING PREPARATIONS, PERFUMES, COSMETICS [2840]
		ORGANIZATION NAME:           	08 Industrial Applications and Services
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		FWP

	BUSINESS ADDRESS:	
		STREET 1:		UNILEVER HOUSE
		STREET 2:		BLACKFRIARS
		CITY:			LONDON ENGLAND
		STATE:			X0
		ZIP:			EC4P 4BQ
		BUSINESS PHONE:		201-894-2790

	MAIL ADDRESS:	
		STREET 1:		C/O UNILEVER UNITED STATES INC
		STREET 2:		700 SYLVAN AVENUE (ATTN.: M MONTAGNINO)
		CITY:			ENGLEWOOD CLIFFS
		STATE:			NJ
		ZIP:			07632

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	UNILEVER LTD
		DATE OF NAME CHANGE:	19820429
</SEC-HEADER>
<DOCUMENT>
<TYPE>FWP
<SEQUENCE>1
<FILENAME>tm2420521d5_fwp.htm
<DESCRIPTION>FWP
<TEXT>
<html>
<head>
     <title></title>
</head>
<body style="font: 10pt Times New Roman, Times, Serif">

<p style="margin: 0"></p>

<p style="text-align: right; margin: 0">Filed Pursuant to Rule 433<br>
Registration Statement No. 333-273447<br>
August 7, 2024<br></p>

<p style="margin: 0; text-align: right">&nbsp;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">PRICING TERM SHEET &ndash; NOTES DUE 2027</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Unilever Capital Corporation</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">$750,000,000 4.250% Senior Notes due 2027</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">jointly, severally, fully and unconditionally
guaranteed by</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Unilever PLC&nbsp;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Unilever United States,&nbsp;Inc.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</p>

<table cellspacing="0" cellpadding="0" style="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<tr style="vertical-align: top">
<td style="padding-bottom: 5pt; width: 50%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Issuer:</font></td>
<td style="padding-bottom: 5pt; width: 50%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Unilever Capital
Corporation</font></td></tr>
<tr style="vertical-align: top">
<td style="padding-bottom: 5pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Guarantors:</font></td>
<td style="padding-bottom: 5pt">Unilever PLC<br>
Unilever United States,Inc.</td></tr>
<tr style="vertical-align: top">
<td style="padding-bottom: 5pt">Security Type:</td>
<td style="padding-bottom: 5pt">SEC-Registered Senior Notes</td></tr>
<tr style="vertical-align: top">
<td style="padding-bottom: 5pt">Anticipated Rating*:</td>
<td style="padding-bottom: 5pt">A1/A+ (Moody&rsquo;s/S&amp;P)</td></tr>
<tr style="vertical-align: top">
<td style="padding-bottom: 5pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Principal Amount:</font></td>
<td style="padding-bottom: 5pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$750,000,000</font></td></tr>
<tr style="vertical-align: top">
<td style="padding-bottom: 5pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Maturity Date:</font></td>
<td style="padding-bottom: 5pt">August 12, 2027</td></tr>
<tr style="vertical-align: top">
<td style="padding-bottom: 5pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Coupon:</font></td>
<td style="padding-bottom: 5pt">4.250%</td></tr>
<tr style="vertical-align: top">
<td style="padding-bottom: 5pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Public Offering Price:</font></td>
<td style="padding-bottom: 5pt">99.733%</td></tr>
<tr style="vertical-align: top">
<td style="padding-bottom: 5pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Yield to Maturity:</font></td>
<td style="padding-bottom: 5pt">4.346%</td></tr>
<tr style="vertical-align: top">
<td style="padding-bottom: 5pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Spread to Benchmark Treasury:</font></td>
<td style="padding-bottom: 5pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">T+50 bps</font></td></tr>
<tr style="vertical-align: top">
<td style="padding-bottom: 5pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Benchmark Treasury:</font></td>
<td style="padding-bottom: 5pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">UST 4.375% due July 15, 2027</font></td></tr>
<tr style="vertical-align: top">
<td style="padding-bottom: 5pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Benchmark Treasury Yield:</font></td>
<td style="padding-bottom: 5pt">3.846%</td></tr>
<tr style="vertical-align: top">
<td style="padding-bottom: 5pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Benchmark Treasury Price: </font></td>
<td style="padding-bottom: 5pt">101-14+</td></tr>
<tr style="vertical-align: top">
<td style="padding-bottom: 5pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Net Proceeds:</font></td>
<td style="padding-bottom: 5pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$746,347,500</font></td></tr>
<tr style="vertical-align: top">
<td style="padding-bottom: 5pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Minimum Denominations:</font></td>
<td style="padding-bottom: 5pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$100,000 and any integral multiple
of $1,000 above that amount</font></td></tr>
<tr style="vertical-align: top">
<td style="padding-bottom: 5pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">CUSIP/ISIN:</font></td>
<td style="padding-bottom: 5pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">904764BU0 / US904764BU02</font></td></tr>
<tr style="vertical-align: top">
<td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Trade Date:</font></td>
<td>August 7, 2024</td></tr>
</table>

<p style="margin: 0">&nbsp;</p>

<p style="margin: 0"></p>

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<p style="margin: 0">&nbsp;</p>

<table cellspacing="0" cellpadding="0" style="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<tr style="vertical-align: top">
<td style="padding-bottom: 5pt; width: 50%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Interest Payment
Dates:</font></td>
<td style="padding-bottom: 5pt; width: 50%">Semi-annually on February 12 and August 12, commencing February 12, 2025</td></tr>
<tr style="vertical-align: top">
<td style="padding-bottom: 5pt">Make-Whole:</td>
<td style="padding-bottom: 5pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">T+10bps</font></td></tr>
<tr style="vertical-align: top">
<td style="padding-bottom: 5pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Par Call:</font></td>
<td style="padding-bottom: 5pt">At any time on or after July 12, 2027 (1 month prior to their maturity date)</td></tr>
<tr style="vertical-align: top">
<td style="padding-bottom: 5pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Settlement Date:</font></td>
<td style="padding-bottom: 5pt">August 12, 2024 (T+3)**</td></tr>
<tr style="vertical-align: top">
<td style="padding-bottom: 5pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Clearing System:</font></td>
<td style="padding-bottom: 5pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Depository Trust Company
(&ldquo;DTC&rdquo;) (including via Euroclear and Clearstream as participants in DTC)</font></td></tr>
<tr style="vertical-align: top">
<td style="padding-bottom: 5pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Joint Book-Running Managers:</font></td>
<td style="padding-bottom: 5pt">BNP Paribas Securities Corp. <br>
BofA Securities, Inc. <br>
HSBC Securities (USA) Inc. <br>
Morgan Stanley &amp; Co. LLC</td></tr>
<tr style="vertical-align: top">
<td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Co-Managers:</font></td>
<td>Blaylock Van, LLC <br>
R. Seelaus &amp; Co., LLC <br>
Samuel A. Ramirez &amp; Company, Inc.</td></tr>
</table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>*A securities rating is not a recommendation
to buy, sell or hold securities and may be subject to revision or withdrawal at any time.</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>**It is expected that delivery of the Notes
will be made against payment therefor on the Settlement Date, the third business day following the Trade Date (such settlement being
referred to as &ldquo;T+3&rdquo;). Under Rule&nbsp;15c6-l under the Exchange Act, trades in the United States secondary market generally
are required to settle in one business day (&ldquo;T+1&rdquo;), unless the parties to any such trade expressly agree otherwise. Accordingly,
purchasers who wish to trade Notes on the Trade Date will be required, by virtue of the fact that the Notes will initially settle in
T+3, to specify an alternate settlement cycle at the time of any such trade to prevent a failed settlement. Settlement procedures in
other countries may vary and purchasers of Notes may be affected by such local settlement practices. Purchasers of Notes who wish to
trade the Notes on the Trade Date should consult their own adviser.</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>No PRIIPs or UK PRIIPs key information document
(&ldquo;KID&rdquo;) has been prepared as the Notes are not available to retail investors in the EEA or the UK.</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>The issuer and the guarantors have 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 and the guarantors have filed with the SEC
for more complete information about the issuer, the guarantors and this offering. You may get these documents for free by visiting EDGAR
on the SEC website at www.sec.gov. Alternatively, the issuer or any dealer participating in the offering will arrange to send you the
prospectus if you request it by calling (1)&nbsp;BNP Paribas Securities Corp. at +1 (800) 854-5674, (2)&nbsp;BofA Securities,&nbsp;Inc.
at +1 800-294-1322, (3)&nbsp;HSBC Securities (USA) Inc. at +1 866-811-8049 or (4)&nbsp;Morgan Stanley&nbsp;&amp; Co. LLC at +1 (866)
718-1649.</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><font style="font-style: normal; font-weight: 400; text-transform: none">Filed
Pursuant to Rule 433<br>
Registration Statement No. 333-273447<br>
August 7, 2024</font></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">PRICING TERM SHEET &ndash; NOTES DUE 2034</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Unilever Capital Corporation</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">$1,000,000,000 4.625% Senior Notes due 2034</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">jointly, severally, fully and unconditionally
guaranteed by</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Unilever PLC</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Unilever United States,&nbsp;Inc.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 3pt; width: 40%; padding-bottom: 3pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Issuer:</font></TD>
    <TD STYLE="text-align: justify; padding-top: 3pt; width: 60%; padding-bottom: 3pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Unilever
    Capital Corporation</font></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 3pt; padding-bottom: 3pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Guarantors:</font></TD>
    <TD STYLE="text-align: justify; padding-top: 3pt; padding-bottom: 3pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0">Unilever
                                            PLC</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0">Unilever United States,&nbsp;Inc.</P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 3pt; padding-bottom: 3pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Security Type:</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><font style="font-size: 6pt">&nbsp;</font></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Anticipated Rating*:</P></TD>
    <TD STYLE="text-align: justify; padding-top: 3pt; padding-bottom: 3pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0">SEC-Registered
                                            Senior Notes</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0"><font style="font-size: 6pt">&nbsp;</font></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0">A1/A+ (Moody&rsquo;s/S&amp;P)</P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 3pt; padding-bottom: 3pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Principal
    Amount:</font></TD>
    <TD STYLE="text-align: justify; padding-top: 3pt; padding-bottom: 3pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$1,000,000,000</font></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 3pt; padding-bottom: 3pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Maturity
    Date:</font></TD>
    <TD STYLE="text-align: justify; padding-top: 3pt; padding-bottom: 3pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">August&nbsp;12,
    2034</font></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 3pt; padding-bottom: 3pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Coupon:</font></TD>
    <TD STYLE="text-align: justify; padding-top: 3pt; padding-bottom: 3pt">4.625%</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 3pt; padding-bottom: 3pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Public
    Offering Price:</font></TD>
    <TD STYLE="text-align: justify; padding-top: 3pt; padding-bottom: 3pt">99.022% </TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 3pt; padding-bottom: 3pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Yield
    to Maturity:</font></TD>
    <TD STYLE="text-align: justify; padding-top: 3pt; padding-bottom: 3pt">4.749%</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 3pt; padding-bottom: 3pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Spread
    to Benchmark Treasury:</font></TD>
    <TD STYLE="text-align: justify; padding-top: 3pt; padding-bottom: 3pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">T+80
    bps</font></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 3pt; padding-bottom: 3pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Benchmark
    Treasury:</font></TD>
    <TD STYLE="text-align: justify; padding-top: 3pt; padding-bottom: 3pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">UST
    4.375% due May 15, 2034</font></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 3pt; padding-bottom: 3pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Benchmark
    Treasury Yield:</font></TD>
    <TD STYLE="text-align: justify; padding-top: 3pt; padding-bottom: 3pt">3.949%</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 3pt; padding-bottom: 3pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Benchmark
    Treasury Price: </font></TD>
    <TD STYLE="text-align: justify; padding-top: 3pt; padding-bottom: 3pt">103-13+</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 3pt; padding-bottom: 3pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Net Proceeds:</font></TD>
    <TD STYLE="text-align: justify; padding-top: 3pt; padding-bottom: 3pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$986,020,000</font></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 3pt; padding-bottom: 3pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Minimum
    Denominations:</font></TD>
    <TD STYLE="text-align: justify; padding-top: 3pt; padding-bottom: 3pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$100,000
    and any integral multiple of $1,000 above that amount</font></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 3pt; padding-bottom: 3pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">CUSIP/ISIN:</font></TD>
    <TD STYLE="text-align: justify; padding-top: 3pt; padding-bottom: 3pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">904764BV8
    / US904764BV84</font></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 3pt; padding-bottom: 3pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Trade
    Date:</font></TD>
    <TD STYLE="text-align: justify; padding-top: 3pt; padding-bottom: 3pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">August&nbsp;7,
    2024</font></TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 3pt; padding-bottom: 3pt; width: 40%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Interest
    Payment Dates:</font></TD>
    <TD STYLE="text-align: justify; padding-top: 3pt; padding-bottom: 3pt; width: 60%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Semi-annually
    on February&nbsp;12 and August&nbsp;12, commencing February&nbsp;12, 2025</font></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 3pt; padding-bottom: 3pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Make-Whole:&nbsp;&nbsp;</font></TD>
    <TD STYLE="text-align: justify; padding-top: 3pt; padding-bottom: 3pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">T+15
    bps</font></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 3pt; padding-bottom: 3pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Par Call:</font></TD>
    <TD STYLE="text-align: justify; padding-top: 3pt; padding-bottom: 3pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">At
    any time on or after May&nbsp;12, 2034 (3 months prior to their maturity date)</font></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 3pt; padding-bottom: 3pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Settlement
    Date:</font></TD>
    <TD STYLE="text-align: justify; padding-top: 3pt; padding-bottom: 3pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">August&nbsp;12,
    2024 (T+3)**</font></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 3pt; padding-bottom: 3pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Clearing
    System:</font></TD>
    <TD STYLE="text-align: justify; padding-top: 3pt; padding-bottom: 3pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
    Depository Trust Company (&ldquo;DTC&rdquo;) (including via Euroclear and Clearstream as participants in DTC)</font></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 3pt; padding-bottom: 3pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Joint
    Book-Running Managers:</font></TD>
    <TD STYLE="text-align: justify; padding-top: 3pt; padding-bottom: 3pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0">BNP
                                            Paribas Securities Corp.</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0">BofA Securities,&nbsp;Inc.</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0">HSBC Securities (USA) Inc.</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0">Morgan Stanley&nbsp;&amp; Co. LLC</P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 3pt; padding-bottom: 3pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Co-Managers:</font></TD>
    <TD STYLE="text-align: justify; padding-top: 3pt; padding-bottom: 3pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0">Blaylock
                                            Van, LLC</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0">R. Seelaus&nbsp;&amp; Co., LLC</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0">Samuel A. Ramirez&nbsp;&amp; Company,&nbsp;Inc.</P></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>*A securities rating is not a recommendation
to buy, sell or hold securities and may be subject to revision or withdrawal at any time.</b></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>**It is expected that delivery of the Notes
will be made against payment therefor on the Settlement Date, the third business day following the Trade Date (such settlement being
referred to as &ldquo;T+3&rdquo;). Under Rule&nbsp;15c6-l under the Exchange Act, trades in the United States secondary market generally
are required to settle in one business day (&ldquo;T+1&rdquo;), unless the parties to any such trade expressly agree otherwise. Accordingly,
purchasers who wish to trade Notes on the Trade Date will be required, by virtue of the fact that the Notes will initially settle in
T+3, to specify an alternate settlement cycle at the time of any such trade to prevent a failed settlement. Settlement procedures in
other countries may vary and purchasers of Notes may be affected by such local settlement practices. Purchasers of Notes who wish to
trade the Notes on the Trade Date should consult their own adviser.</b></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>No PRIIPs or UK PRIIPs key information document
(&ldquo;KID&rdquo;) has been prepared as the Notes are not available to retail investors in the EEA or the UK.</b></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>The issuer and the guarantors have 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 and the guarantors have filed with the SEC
for more complete information about the issuer, the guarantors and this offering. You may get these documents for free by visiting EDGAR
on the SEC website at www.sec.gov. Alternatively, the issuer or any dealer participating in the offering will arrange to send you the
prospectus if you request it by calling (1)&nbsp;BNP Paribas Securities Corp. at +1 (800) 854-5674, (2)&nbsp;BofA Securities,&nbsp;Inc.
at +1 800-294-1322, (3)&nbsp;HSBC Securities (USA) Inc. at +1 866-811-8049 or (4)&nbsp;Morgan Stanley&nbsp;&amp; Co. LLC at +1 (866)
718-1649.</b></P>



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