|
UNITED
STATES
SECURITIES AND EXCHANGE COMMISSION |
Washington, DC 20549 |
|
Delaware
(State or Other Jurisdiction of Incorporation) |
1-12383
(Commission File Number) |
25-1797617
(IRS Employer Identification No.) |
Item 1.01. | Entry into a Material Definitive Agreement. |
Item 2.03. | Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. |
The information set forth under Item 1.01. Entry into a Material Definitive Agreement of this Current Report on Form 8-K is incorporated herein by reference. |
Item 8.01. | Other Events. |
November 28, 2007, we announced that we were offering, subject to market and other conditions, a series of our notes and a series of our debentures. On November 29, 2007, we announced the pricing of our notes and debentures in an aggregate principal amount of $500 million, in an underwritten, registered public offering. Copies of these press releases are furnished herewith as Exhibits 99.1 and 99.2, respectively, and are incorporated herein by reference. |
Item 9.01. | Financial Statements and Exhibits . |
(d)
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Exhibits
|
1 |
Underwriting Agreement, dated November 28, 2007, between the Company and Banc of America
Securities LLC, Goldman, Sachs & Co. and UBS Securities LLC, as representatives of the several Underwriters
named in Schedule l to the Underwriting Agreement
|
4.1 |
Form of certificate for the Company's 5.65% Notes due December 31, 2017.
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4.2 |
Form of certificate for the Company's 6.25% Debentures due December 31, 2037.
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99.1 |
Press Release of the Company dated November 28, 2007.
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(Page 3 of 6 Pages) |
99.2 |
Press Release of the Company dated November 29, 2007.
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ROCKWELL AUTOMATION, INC.
(Registrant) |
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By | /s/ Douglas M. Hagerman | |
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Douglas M. Hagerman
Senior Vice President, General Counsel and Secretary |
Date: December 3, 2007 (Page 5 of 6 Pages) EXHIBIT INDEX |
Exhibit
Number |
Description | |
1 |
Underwriting Agreement, dated November 28, 2007, between the Company and Banc of America Securities LLC, Goldman, Sachs & Co. and UBS Securities LLC, as representatives of the several Underwriters named in Schedule l to the Underwriting Agreement |
|
4.1 |
Form of certificate for the Company's 5.65% Notes due December 31, 2017. |
|
4.2 |
Form of certificate for the Company's 6.25% Debentures due December 31, 2037. |
|
99.1 |
Press Release of the Company dated November 28, 2007. |
|
99.2 |
Press Release of the Company dated November 29, 2007. |
(Page 6 of 6 Pages) |
Exhibit 1
Rockwell Automation, Inc.
_____________ Underwriting Agreement November 28, 2007
Banc of America Securities LLC
Ladies and Gentlemen: Rockwell Automation, Inc., a Delaware corporation (the Company), proposes, subject to the terms and conditions stated herein, to issue and sell to the Underwriters named in Schedule I hereto (the Underwriters) an aggregate of $250,000,000 principal amount of the Notes (the Notes) and an aggregate of $250,000,000 principal amount of the Debentures (the Debentures) of the Company specified above. The Notes and the Debentures (collectively, the Securities) will be issued under the Indenture dated as of December 1, 1996 (the Indenture) between the Company and The Bank of New York Trust Company, N.A. (successor in interest to JPMorgan Chase Bank, N.A., successor to JPMorgan Chase Bank, successor to The Chase Manhattan Bank, successor to Mellon Bank, N.A.), as Trustee (the Trustee). 1. The Company represents and warrants to each of the Underwriters that: |
(a) An automatic shelf registration statement as defined under Rule 405 under the Securities Act of 1933, as amended (the Act) on Form S-3 (File No. 333-147658) in respect of the Securities has been filed with the Securities and Exchange Commission (the Commission) not earlier than three years prior to the date hereof; such registration statement, and any post-effective amendment thereto, became effective |
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on filing; and no stop order suspending the effectiveness of such registration statement or any part thereof has been issued and no proceeding for that purpose has been initiated or, to the knowledge of the Company, threatened by the Commission, and no notice of objection of the Commission to the use of such registration statement or any post-effective amendment thereto pursuant to Rule 401(g)(2) under the Act has been received by the Company (the base prospectus filed as part of such registration statement, in the form in which it has most recently been filed with the Commission on or prior to the date of this Agreement, is hereinafter called the Basic Prospectus; any preliminary prospectus supplement relating to the Securities filed with the Commission pursuant to Rule 424(b) under the Act together with the Basic Prospectus is hereinafter called a Preliminary Prospectus; the various parts of such registration statement, including all exhibits thereto but excluding Form T-1 and including any prospectus supplement relating to the Securities that is filed with the Commission and deemed by virtue of Rule 430B under the Act to be part of such registration statement, each as amended at the time such part of the registration statement became effective, are hereinafter collectively called the Registration Statement; the Basic Prospectus, as amended and supplemented immediately prior to the Applicable Time (as defined in Section 1(c) hereof), is hereinafter called the Pricing Prospectus; the form of the final prospectus relating to the Securities to be filed with the Commission pursuant to Rule 424(b) under the Act in accordance with Section 5(a) hereof is hereinafter called the Prospectus; any reference herein to the Registration Statement, the Basic Prospectus, the Pricing Prospectus, any Preliminary Prospectus or the Prospectus shall be deemed to refer to and include the documents incorporated by reference therein pursuant to Item 12 of Form S-3 under the Act, as of the date of the Registration Statement or such prospectus; any reference herein to any amendment or supplement to the Basic Prospectus, any Preliminary Prospectus or the Prospectus shall be deemed to refer to and include any post-effective amendment to the Registration Statement, any prospectus supplement relating to the Securities filed with the Commission pursuant to Rule 424(b) under the Act and any documents filed under the Securities Exchange Act of 1934, as amended (the Exchange Act), and incorporated therein, in each case after the date of the Basic Prospectus, such Preliminary Prospectus, or the Prospectus, as the case may be; any reference to any amendment to the Registration Statement shall be deemed to refer to and include any documents filed under the Exchange Act after the effective date of the Registration Statement that is incorporated by reference in the Registration Statement; and any issuer free writing prospectus as defined in Rule 433 under the Act relating to the Securities is hereinafter called an Issuer Free Writing Prospectus); |
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(b) No order preventing or suspending the use of any Preliminary Prospectus or any Issuer Free Writing Prospectus has been issued by the Commission, and each Preliminary Prospectus, at the time of filing thereof, conformed in all material respects to the requirements of the Act and the Trust Indenture Act of 1939, as amended (the Trust Indenture Act) and the rules and regulations of the Commission thereunder, and did not contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in the light of the circumstances under which they were made, not misleading; provided, however, that this representation and warranty shall not apply to any statements or omissions made in reliance upon and in conformity with information furnished in writing to the Company by an Underwriter through Goldman, Sachs & Co. expressly for use therein; |
(c) For the purposes of this Agreement, the Applicable Time is 3:00 pm (Eastern time) on the date of this Agreement; the Pricing Prospectus as supplemented by the final term sheet in the form attached as Schedule III hereto and to be filed pursuant to Section 5(a) hereof, taken together (collectively, the Pricing Disclosure Package) as of the Applicable Time, did not include any untrue statement of a material fact or omit to state any material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made, not misleading; and each Issuer Free Writing Prospectus listed on Schedule II(a) hereto does not conflict with the information contained or incorporated by reference in the Registration Statement, the Pricing Prospectus or the Prospectus and each such Issuer Free Writing Prospectus, as supplemented by and taken together with the Pricing Disclosure Package as of the Applicable Time, did not include any untrue statement of a material fact or omit to state any material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made, not misleading; provided, however, that this representation and warranty shall not apply to statements or omissions made in an Issuer Free Writing Prospectus in reliance upon and in conformity with information furnished in writing to the Company by an Underwriter through Goldman, Sachs & Co. expressly for use therein; |
(d) The ocuments incorporated by reference in the Pricing Prospectus and the Prospectus, when they were filed with the Commission, conformed in all material respects to the requirements of the Exchange Act and the rules and regulations of the Commission thereunder, and none of such documents at its time of filing with the Commission contained an untrue statement of a material fact or omitted to state a material fact required to be stated therein or necessary to make the |
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statements therein, in light of the circumstances under which they were made, not misleading; any further documents so filed and incorporated by reference in the Prospectus or any further amendment or supplement thereto, when such documents become effective or are filed with the Commission, as the case may be, will conform in all material respects to the requirements of the Act or the Exchange Act, as applicable, and the rules and regulations of the Commission thereunder and will not contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading; provided, however, that this representation and warranty shall not apply to any statements or omissions made in reliance upon and in conformity with information furnished in writing to the Company by an Underwriter through Goldman, Sachs & Co. expressly for use therein; and no such documents were filed with the Commission since the Commissions close of business on the business day immediately prior to the date of this Agreement and prior to the execution of this Agreement, except as set forth on Schedule II(b) hereto; |
(e) The Registration Statement conforms, and the Prospectus and any further amendments or supplements to the Registration Statement and the Prospectus will conform, in all material respects to the requirements of the Act and the Trust Indenture Act and the rules and regulations of the Commission thereunder and do not and will not, as of the applicable effective date as to each part of the Registration Statement and as of the applicable filing date and as of the Time of Delivery as to the Prospectus and any amendment or supplement thereto, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading; provided, however, that this representation and warranty shall not apply to (i) any statements or omissions made in reliance upon and in conformity with information furnished in writing to the Company by an Underwriter through Goldman, Sachs & Co. expressly for use therein; or (ii) any statements or omissions in the part of the Registration Statement which shall constitute the statement of Eligibility and Qualification under the Trust Indenture Act (Form T-1) of the Trustee under the Indenture; |
(f) There has not been any material adverse change (or development involving a prospective material adverse change) in the business, properties, financial condition or results of operations of the Company and its subsidiaries taken as a whole (collectively, a Material Adverse Effect) from that set forth in the Companys last periodic report filed on Form 10-K (included or incorporated by reference in the Pricing |
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Prospectus) with the Commission under the Exchange Act and the rules and regulations of the Commission thereunder; |
(g) The Company and its Significant Subsidiaries own, lease or have the right to use all of their properties as are necessary to the conduct of the operations of the Company and the Significant Subsidiaries as presently conducted, except when the failure to own, lease or have the right to use such properties would not reasonably be expected to have a Material Adverse Effect. For purposes of this Agreement, Significant Subsidiary means each of the subsidiaries of the Company set forth on Schedule IV hereto. Other than the subsidiaries set forth on Schedule IV hereto, no subsidiary of the Company constitutes a Significant Subsidiary within the meaning of Item 1.02(w) of Regulation S-X promulgated by the Commission; |
(h) The Company has been duly incorporated and is validly existing as a corporation in good standing under the laws of the State of Delaware, with the corporate power and authority to own its properties and conduct its business as described in the Pricing Prospectus, and has been duly qualified as a foreign corporation for the transaction of business and is in good standing (where the concept of good standing applies) under the laws of each other jurisdiction in which it owns or leases properties or conducts any business so as to require such qualification, except where the failure to be so qualified or in good standing would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect; and each Significant Subsidiary has been duly incorporated or organized and is validly existing as a corporation in good standing (where the concept of good standing applies) under the laws of its jurisdiction of incorporation or organization; |
(i) All of the issued and outstanding shares of capital stock of the Company have been duly and validly authorized and issued and are fully paid and non-assessable; and all of the issued and outstanding shares of capital stock of each Significant Subsidiary have been duly and validly authorized and issued, are fully paid and non-assessable and (except for directors qualifying shares) are owned directly or indirectly by the Company, free and clear of all liens, encumbrances, equities or claims; |
(j) The Securities have been duly authorized and, when issued and delivered pursuant to this Agreement, will have been duly executed, authenticated, issued and delivered and will constitute valid and legally binding obligations of the Company (except that the enforceability thereof may be limited by bankruptcy, insolvency, reorganization, fraudulent conveyance, moratorium or similar laws relating to or affecting the enforcement of creditors rights in general and general principles of equity, |
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regardless of whether such enforceability is considered in a proceeding in equity or at law), and will be entitled to the benefits provided by the Indenture, which is substantially in the form filed as an exhibit to the Registration Statement; the Indenture has been duly authorized by the Company and duly qualified under the Trust Indenture Act, has been duly executed and delivered by the Company and constitutes a valid and legally binding instrument of the Company, enforceable against the Company in accordance with its terms, subject, as to enforcement, to bankruptcy, insolvency, reorganization, fraudulent conveyance, moratorium or similar laws relating to or affecting the enforcement of creditors rights in general and general principles of equity, regardless of whether such enforceability is considered in a proceeding in equity or at law; and the terms of the Securities and the Indenture will conform in all material respects to the descriptions thereof in the Pricing Disclosure Package and the Prospectus; |
(k) The issue and sale of the Securities and the consummation of the transactions contemplated hereby and by the Securities and the Indenture will not conflict with or result in a breach or violation of any of the terms or provisions of, or constitute a default under, any indenture, mortgage, deed of trust, loan agreement or other agreement or instrument to which the Company or any of its subsidiaries is a party or by which the Company or any of its subsidiaries is bound or to which any of the property or assets of the Company or any of its subsidiaries is subject, except for conflicts, breaches, violations or defaults that, individually or in the aggregate, would not reasonably be expected to have a Material Adverse Effect and that would not adversely affect the ability of the Company in any material respect to enter into this Agreement or perform its obligations under the Securities and the Indenture, nor will such action result in any violation of the provisions of the Certificate of Incorporation or By-laws of the Company or, to the knowledge of the Company, any statute or any order, rule or regulation of any court or governmental agency or body having jurisdiction over the Company or any of its subsidiaries or any of their properties; and no consent, approval, authorization, order, registration or qualification of or with any such court or governmental agency or body is required for the issue and sale of the Securities or the consummation by the Company of the transactions contemplated by this Agreement or the Indenture except such as have been obtained under the Act and the Trust Indenture Act and such consents, approvals, authorizations, registrations or qualifications as may be required under state securities or Blue Sky laws in connection with the purchase and distribution of the Securities by the Underwriters; |
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(l) Neither the Company nor any of its Significant Subsidiaries is in violation of its Certificate of Incorporation or By-laws or in default in the performance or observance of any obligation, covenant or condition contained in any indenture, mortgage, deed of trust, loan agreement, lease or other agreement or instrument to which it is a party or by which it or any of its properties may be bound, except in each case (other than with respect to any violation of the Certificate of Incorporation or By-laws of the Company) for such violations and defaults as would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect; |
(m) The statements set forth in the Pricing Prospectus and the Prospectus under the captions Description of the Securities and Description of Debt Securities, respectively, insofar as they purport to constitute a summary of the terms of the Securities, under the caption Material U.S. Federal Tax Considerations, and under the caption Underwriting, insofar as they purport to describe the provisions of the laws and documents referred to therein, are accurate and fair descriptions or summaries in all material respects, subject to the qualifications and limitations set forth therein; |
(n) Other than as set forth in the Pricing Prospectus, there are no legal or governmental proceedings pending to which the Company or any of its subsidiaries is a party or of which any property of the Company or any of its subsidiaries is the subject which, if determined adversely to the Company or any of its subsidiaries, would, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect; and, to the best of the Companys knowledge, no such proceedings have been threatened; |
(o) The Company is not and, after giving effect to the offering and sale of the Securities and the application of the proceeds thereof as described in the Prospectus, will not be an investment company, as such term is defined in the Investment Company Act of 1940, as amended (the Investment Company Act); |
(p) (A) (i) At the time of filing the Registration Statement, (ii) at the time of the most recent amendment thereto for the purposes of complying with Section 10(a)(3) of the Act (whether such amendment was by post-effective amendment, incorporated report filed pursuant to Section 13 or 15(d) of the Exchange Act or form of prospectus), and (iii) at the time the Company or any person acting on its behalf (within the meaning, for this clause only, of Rule 163(c) under the Act) made any offer relating to the Securities in reliance on the exemption of Rule 163 under the Act, the Company was a well-known seasoned issuer as defined in Rule 405 |
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under the Act; and (B) at the earliest time after the filing of the Registration Statement that the Company or another offering participant made a bona fide offer (within the meaning of Rule 164(h)(2) under the Act) of the Securities, the Company was not an ineligible issuer as defined in Rule 405 under the Act; |
(q) Deloitte & Touche LLP, who have certified certain financial statements of the Company and its subsidiaries, and have audited the Companys internal control over financial reporting are independent public accountants as required by the Act and the rules and regulations of the Commission thereunder; |
(r) The Company maintains internal control over financial reporting (as such term is defined in Rule 13a-15(f) under the Exchange Act) that complies with the requirements of the Exchange Act and has been designed by the Companys principal executive officer and principal financial officer, or under their supervision, to provide reasonable assurance regarding the reliability of the Companys financial reporting and the preparation of financial statements for external purposes in accordance with United States generally accepted accounting principles. The Companys internal control over financial reporting was effective as of September 30, 2007, and, to the Companys knowledge, is effective as of the date hereof, and the Company is not aware of any material weaknesses in its internal control over financial reporting; |
(s) Since the date of the latest audited financial statements included or incorporated by reference in the Pricing Prospectus, there has been no change in the Companys internal control over financial reporting that has materially affected, or is reasonably likely to materially affect, the Companys internal control over financial reporting; and |
(t) The Company maintains disclosure controls and procedures (as such term is defined in Rule 13a-15(e) under the Exchange Act) that comply with the requirements of the Exchange Act; such disclosure controls and procedures include controls and procedures designed to ensure that material information required to be disclosed by the Company in the reports that it files or submits under the Exchange Act is communicated to the Companys principal executive officer and principal financial officer as appropriate to allow timely decisions regarding required disclosure; and such disclosure controls and procedures were effective as of September 30, 2007, and, to the Companys knowledge, are effective as of the date hereof. |
(i) The Company has been duly incorporated and is validly existing as a corporation in good standing under the laws of the State of Delaware, with corporate power and authority to own or lease its properties and conduct its business as escribed in the Pricing Prospectus and the Prospectus; |
(ii) This Agreement has been duly authorized, executed and delivered by the Company; |
(iii) The Securities have been duly authorized by all necessary corporate action of the Company, and when duly executed and authenticated in accordance with the terms of the Indenture and delivered to and paid for by the Underwriters pursuant to this Agreement, will be valid and legally binding obligations of the Company (except that the enforceability thereof may be limited by bankruptcy, insolvency, reorganization, fraudulent conveyance, moratorium or similar laws relating to or affecting the enforcement of creditors rights in general and general principles of equity, regardless of whether such enforceability is considered in a proceeding in equity or at law) and entitled to the benefits provided by the Indenture; and the terms of the Securities and the Indenture conform in all material respects to the descriptions thereof in the Pricing Disclosure Package and the Prospectus; |
(iv) The Indenture has been duly authorized, executed and delivered by the Company and constitutes a valid and legally binding agreement of the Company, enforceable against the Company in accordance with its terms, except as such enforceability may be limited by bankruptcy, insolvency, reorganization, fraudulent conveyance, moratorium or similar laws relating to or affecting the enforcement of creditors rights in general and general principles of equity, regardless of |
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whether such enforceability is considered in a proceeding in equity or at law; and the Indenture has been duly qualified under the Trust Indenture Act; |
(v) No consent, approval, authorization, order, registration or qualification of or with any court or governmental agency or body of the State of New York or the United States of America is required under any law of the State of New York or the United States of America applicable to the Company for the issue and sale of the Securities by the Company to the Underwriters pursuant to this Agreement or the Indenture, except such as have been obtained under the Act and the Trust Indenture Act and such consents, approvals, authorizations, registrations or qualifications as may be required under state securities or Blue Sky laws; |
(vi) The statements set forth in the Pricing Disclosure Package and the Prospectus under the caption Material U.S. Federal Tax Considerations, insofar as they purport to describe the provisions of the laws referred to therein, are fair descriptions or summaries in all material respects, subject to the qualifications and limitations set forth therein; |
(vii) The Company is not and, after giving effect to the offering and sale of the Securities and the application of the proceeds thereof as described in the Prospectus, will not be an investment company, as such term is defined in the Investment Company Act; |
(viii) The documents filed by the Company pursuant to the Exchange Act prior to the Time of Delivery and incorporated by reference in the Pricing Prospectus and the Prospectus or any further amendment or supplement thereto made by the Company prior to the Time of Delivery (other than the financial statements and schedules and other financial data (and statistical data derived therefrom) included or incorporated by reference therein, as to which such counsel need express no opinion), when they were filed with the Commission, complied as to form in all material respects with the requirements of the Exchange Act and the rules and regulations of the Commission thereunder; |
(ix) The Registration Statement, the Prospectus and any further amendments and supplements thereto, as applicable, made by the Company prior to the Time of Delivery (other than the financial statements and schedules and other financial data (and statistical data derived therefrom) included or incorporated by reference therein, as to which such counsel need express no opinion) comply as to form in all material respects with the requirements of the Act and the Trust Indenture Act (other than Form T-1, as to which such counsel need express no opinion) and the rules and regulations thereunder. |
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(x) In addition, such opinion shall also contain a statement that although they have not verified and are not passing on, and do not assume any responsibility for the accuracy, completeness or fairness of, the statements contained in the Registration Statement, the Pricing Prospectus or the Prospectus, except for those referred to in the opinion in subsection (vi) of this Section 8(c), no facts have come to the attention of such counsel that leads such counsel to believe (i) that the Registration Statement at the date of this Agreement or any further amendment thereto made by the Company prior to the Time of Delivery (other than the financial statements and schedules and other financial data (and statistical data derived therefrom) included or incorporated by reference therein, as to which such counsel need express no opinion), when such registration statement or amendment became effective, contained an untrue statement of a material fact or omitted to state a material fact required to be stated therein or necessary to make the statements therein not misleading; (ii) that the Pricing Disclosure Package (other than the financial statements and schedules and other financial data (and statistical data derived therefrom) included or incorporated by reference therein, as to which such counsel need express no opinion), as of the Applicable Time, contained any untrue statement of a material fact or omitted to state any material fact necessary in order to make the statements therein, in the light of circumstances under which they were made, not misleading; or (iii) that, as of its date and as of the Time of Delivery, the Prospectus or any further amendment or supplement thereto made by the Company prior to the Time of Delivery (other than the financial statements and schedules and other financial data (and statistical data derived therefrom) included or incorporated by reference therein, as to which such counsel need express no opinion) contained or contains an untrue statement of a material fact or omitted or omits to state a material fact necessary to make the statements therein, in the light of the circumstances under which they were made, not misleading. |
(d) Douglas M. Hagerman, General Counsel for the Company, shall have furnished to you his written opinion, dated the Time of Delivery, in form and substance satisfactory to you, to the effect that: |
(i) The Company has been duly qualified as a foreign corporation for the transaction of business where the ownership or leasing of its properties or the conduct of its business requires such qualification, except where the failure to be so qualified would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect (such counsel being entitled to rely in respect of the opinion in this clause upon opinions of local counsel and in respect of |
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matters of fact upon certificates of officers of the Company, provided that such counsel shall state that they believe that both you and they are justified in relying upon such opinions and certificates); |
(ii) Each Significant Subsidiary has been duly incorporated or organized and is validly existing as a corporation, limited liability company or other organization under the laws of its jurisdiction of incorporation or organization; and all of the issued shares of capital stock of each such subsidiary (except for directors qualifying shares) are owned directly or indirectly by the Company, free and clear of all liens, encumbrances, equities or claims (such counsel being entitled to rely in respect of the opinion in this clause upon opinions of local counsel and in respect of matters of fact upon certificates of officers of the Company or its subsidiaries, provided that such counsel shall state that they believe that both you and they are justified in relying upon such opinions and certificates); |
(iii) To such counsels knowledge, there are no legal or governmental proceedings pending or threatened to which the Company or any of its Significant Subsidiaries would be a party or to which any of their respective properties would be subject which are required to be described in the Registration Statement, the Pricing Prospectus or the Prospectus but are not so described; |
(iv) The issue and sale of the Securities by the Company to the Underwriters pursuant to this Agreement and the consummation by the Company of the transactions contemplated by the Securities, the Indenture and this Agreement do not conflict with or result in a breach or violation of any of the terms or provisions of, or constitute a default under, any indenture, mortgage, deed of trust, loan agreement or other agreement or instrument which is filed as an exhibit to any document incorporated by reference into the Registration Statement or the Prospectus as of the date hereof, except for conflicts, breaches, violations or defaults that, individually or in the aggregate, would not reasonably be expected to have a Material Adverse Effect and that would not adversely in any material respect affect the ability of the Company to enter into this Agreement or perform its obligations under the Securities and the Indenture, nor will such actions result in any violation of the provisions of the Certificate of Incorporation or By-laws of the Company or any statute or any order, rule or regulation known to such counsel of any court or governmental agency or body having jurisdiction over the Company or any of its subsidiaries or any of their properties; |
(v) Neither the Company nor any of its Significant Subsidiaries is in violation of its Certificate of Incorporation or By-laws or, to such |
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counsels knowledge, in default in the performance or observance of any material obligation or covenant contained in any indenture, mortgage, deed of trust, loan agreement, lease or other agreement or instrument which is filed as an exhibit to any document incorporated by reference into the Registration Statement or the Prospectus as of the date hereof; and |
(vi) Other than this Agreement and the forms of the Securities which will be filed by the Company on a current report on Form 8-K and incorporated by reference in the Registration Statement, such counsel does not know of any contracts required to be filed as an exhibit to the Registration Statement which are not filed as required; |
Very truly yours,
Rockwell Automation, Inc. |
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By: | /s/ Douglas Hagerman | ||
|
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Name:
Title: |
Douglas Hagerman
SVP |
Accepted as of the date hereof:
Banc of America Securities LLC
|
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By: | /s/ Lily Chang | ||
|
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Name:
Title: |
Lily Chang
Principal |
Goldman, Sachs & Co.
|
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By: | /s/ Goldman, Sachs & Co. | |
|
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(Goldman, Sachs & Co.) |
UBS Securities LLC
|
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By: | /s/ John Doherty | ||
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Name:
Title: |
John Doherty
Executive Director |
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/s/ Christopher Fernando | |||
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Name:
Title: |
Christopher Fernando
Associate Director |
On behalf of each of the Underwriters. -28- SCHEDULE I |
Underwriter | Principal Amount of Notes to be Purchased | Principal Amount of Debentures to be Purchased | ||||||
---|---|---|---|---|---|---|---|---|
|
|
|
||||||
Banc of America Securities LLC | 70,000,000 | 70,000,000 | ||||||
Goldman, Sachs & Co. | 70,000,000 | 70,000,000 | ||||||
UBS Securities LLC | 70,000,000 | 70,000,000 | ||||||
J.P. Morgan Securities Inc. | 12,500,000 | 12,500,000 | ||||||
Citigroup Global Markets Inc. | 12,500,000 | 12,500,000 | ||||||
Barclays Capital Inc. | 7,500,000 | 7,500,000 | ||||||
Wells Fargo & Co. | 7,500,000 | 7,500,000 | ||||||
|
|
|||||||
Total | $ | 250,000,000 | $ | 250,000,000 | ||||
|
|
SCHEDULE II (a) Issuer Free Writing Prospectuses not included in the Pricing Disclosure Package: None. (b) Additional Documents Incorporated by Reference: None. SCHEDULE III FINAL TERM SHEET |
Rockwell Automation,
Inc.
Pricing Term Sheet November 28, 2007 5.65% Notes due 2017 6.25% Debentures due 2037 |
Issuer: |
Rockwell Automation, Inc.
|
Trade Date: |
November 28, 2007
|
Settlement Date: |
(T+3); December 3, 2007
|
Interest Payment Dates: |
June 1 and December 1,
commencing June 1, 2008 |
Ratings: |
A2 Stable / A Stable / A Stable
|
Underwriters: | Joint Book-Running Managers: |
Banc of America Securities LLC
Goldman, Sachs & Co. UBS Securities LLC |
Co-Managers: |
Citigroup Global Markets Inc.
J.P. Morgan Securities Inc. |
|
Junior Co-Managers: |
Barclays Capital Inc.
Wells Fargo & Co. |
|
Notes |
Debentures
|
|
Size: | $250,000,000 |
$250,000,000
|
Maturity: | December 1, 2017 |
December 1, 2037
|
Coupon: | 5.65% per annum, accruing from December 3, 2007 |
6.25% per annum, accruing from December 3, 2007
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Price to Public: | 99.849% of face amount, plus accrued interest, if any, from December 3, 2007 |
99.384% of face amount, plus accrued interest, if any, from December 3, 2007
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Yield to maturity: | 5.67% |
6.296%
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Note: A securities rating is not a
recommendation to buy, sell or hold securities and may be subject to revision or
withdrawal at any time.
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 Banc of America Securities LLC, toll free, at 1-800-294-1322, Goldman, Sachs & Co., toll free, at 1-866-471-2526, or UBS Securities LLC, collect, at 1-888-722-9555 (ext 3371088). This pricing term sheet supplements the preliminary form of prospectus supplement issued by Rockwell Automation, Inc. on November 28, 2007 relating to their Prospectus dated November 28, 2007. Any disclaimer or other notice that may appear below is not applicable to this communication and should be disregarded. Such disclaimer or notice was automatically generated as a result of this communication being sent by Bloomberg or another email system. |
-2- SCHEDULE IV Significant Subsidiaries 1. Rockwell Automation International Holdings LLC 2. Rockwell Automation of Ohio, Inc. 3. Rockwell Automation Technologies Inc. 4. Rockwell Automation B.V. |
Exhibit 4.1 [FACE OF NOTE] UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (THE DEPOSITARY) (55 WATER STREET, NEW YORK, NEW YORK), TO THE COMPANY OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITARY, AND ANY PAYMENT HEREON IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITARY, ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL SINCE THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN. UNLESS AND UNTIL THIS CERTIFICATE IS EXCHANGED IN WHOLE OR IN PART FOR CERTIFICATES IN DEFINITIVE REGISTERED FORM, THIS CERTIFICATE MAY NOT BE TRANSFERRED EXCEPT AS A WHOLE (A) BY THE DEPOSITARY TO A NOMINEE THEREOF OR (B) BY A NOMINEE THEREOF TO THE DEPOSITARY OR ANOTHER NOMINEE OF THE DEPOSITARY OR (C) BY THE DEPOSITARY OR ANY SUCH NOMINEE TO A SUCCESSOR DEPOSITARY OR NOMINEE OF SUCH SUCCESSOR DEPOSITARY. SEE REVERSE FOR CERTAIN DEFINITIONS |
NUMBER
R-1 REGISTERED |
$250,000,000
REGISTERED |
ROCKWELL AUTOMATION, INC.
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By | ||
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||
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[Corporate Seal] |
Attest | ||
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||
Secretary |
TRUSTEES CERTIFICATE OF AUTHENTICATION This is one of the Securities of the series designated therein referred to in the within-mentioned Indenture. |
THE BANK OF NEW YORK TRUST COMPANY, N.A.,
Trustee |
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By | ||
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||
Authorized Officer |
(i) | accept for payment all the Securities or portions of the Securities properly tendered pursuant to its offer; |
(ii) | deposit with the Paying Agent an amount equal to the aggregate purchase price in respect of all the Securities or portions of the Securities properly tendered; and |
(iii) | deliver or cause to be delivered to the Trustee for cancellation the Securities properly accepted, together with an officers certificate stating the aggregate principal amount of Securities being purchased by the Company. |
TEN COM -
TEN ENT - JT TEN - |
as tenants in common
as tenants by the entireties as joint tenants with right of survivorship and not as tenants in common |
||||
UNIF GIFT
MIN ACT - |
______________ (Cust) |
Custodian |
______________ (Minor) |
||
under Uniform Gifts to Minors
Act____________________________________ (State) |
|
(Please print or
typewrite name and address
including postal zip code of assignee) |
the within Note and all rights thereunder, and hereby irrevocably constitutes and appoints Attorney to transfer said Note on the books of the Company, with full power of substitution in the premises. Dated: ______________________ |
______________________________
NOTICE: The signature to this assignment must correspond with the name as written upon the face of the within instrument in every particular, without alteration or enlargement or any change whatever. |
R-8 |
Exhibit 4.2 [FACE OF DEBENTURE] UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (THE DEPOSITARY) (55 WATER STREET, NEW YORK, NEW YORK), TO THE COMPANY OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITARY, AND ANY PAYMENT HEREON IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITARY, ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL SINCE THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN. UNLESS AND UNTIL THIS CERTIFICATE IS EXCHANGED IN WHOLE OR IN PART FOR CERTIFICATES IN DEFINITIVE REGISTERED FORM, THIS CERTIFICATE MAY NOT BE TRANSFERRED EXCEPT AS A WHOLE (A) BY THE DEPOSITARY TO A NOMINEE THEREOF OR (B) BY A NOMINEE THEREOF TO THE DEPOSITARY OR ANOTHER NOMINEE OF THE DEPOSITARY OR (C) BY THE DEPOSITARY OR ANY SUCH NOMINEE TO A SUCCESSOR DEPOSITARY OR NOMINEE OF SUCH SUCCESSOR DEPOSITARY. SEE REVERSE FOR CERTAIN DEFINITIONS |
NUMBER
R-1 REGISTERED |
$250,000,000
REGISTERED |
ROCKWELL AUTOMATION, INC.
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||
By | ||
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||
|
[Corporate Seal] |
Attest | ||
|
||
Secretary |
TRUSTEES CERTIFICATE OF AUTHENTICATION This is one of the Securities of the series designated therein referred to in the within-mentioned Indenture. |
THE BANK OF NEW YORK TRUST COMPANY, N.A.,
Trustee |
||
By | ||
|
||
Authorized Officer |
(i) | accept for payment all the Securities or portions of the Securities properly tendered pursuant to its offer; |
(ii) | deposit with the Paying Agent an amount equal to the aggregate purchase price in respect of all the Securities or portions of the Securities properly tendered; and |
(iii) | deliver or cause to be delivered to the Trustee for cancellation the Securities properly accepted, together with an officers certificate stating the aggregate principal amount of Securities being purchased by the Company. |
TEN COM -
TEN ENT - JT TEN - |
as tenants in common
as tenants by the entireties as joint tenants with right of survivorship and not as tenants in common |
||||
UNIF GIFT
MIN ACT - |
______________ (Cust) |
Custodian |
______________ (Minor) |
||
under Uniform Gifts to Minors
Act____________________________________ (State) |
|
(Please print or
typewrite name and address
including postal zip code of assignee) |
the within Debenture and all rights thereunder, and hereby irrevocably constitutes and appoints Attorney to transfer said Debenture on the books of the Company, with full power of substitution in the premises. Dated: ______________________ |
______________________________
NOTICE: The signature to this assignment must correspond with the name as written upon the face of the within instrument in every particular, without alteration or enlargement or any change whatever. |
R-8 |
Exhibit 99.2 Rockwell Automation Announces Pricing of $250 Million of Notes and $250 Million of DebenturesMILWAUKEE (BUSINESS WIRE) Nov. 29, 2007 Rockwell Automation, Inc. (NYSE: ROK) today announced the pricing of its notes and debentures in an aggregate principal amount of $500 million, in an underwritten, registered public offering. The $250 million of notes will mature in December 2017 and will bear interest at an annual rate of 5.65 percent. The $250 million of debentures will mature in December 2037 and will bear interest at an annual rate of 6.25 percent. The offering is expected to close on Dec. 3, 2007, subject to customary closing conditions. Rockwell Automation intends to use the net proceeds from the offering to repay at maturity its 6.15% notes due Jan. 15, 2008 and for general corporate purposes, which may include repayment of commercial paper, acquisitions, investments, additions to working capital, share repurchases, capital expenditures and advances to or investments in its subsidiaries. Banc of America Securities LLC, Goldman, Sachs & Co. and UBS Investment Bank acted as joint lead book-running managers for the offering. Citigroup Global Markets Inc. and J.P Morgan Securities Inc. acted as senior co-managers. Barclays Capital Inc. and Wells Fargo & Co. acted as junior co-managers. Copies of the prospectus supplement and the accompanying prospectus relating to the offering can be obtained from:
Banc of America
Securities LLC
Goldman, Sachs & Co.
UBS Securities LLC
Electronic copies of the prospectus supplement and accompanying prospectus are also available on the Securities and Exchange Commission Web site at www.sec.gov. This press release is not an offer to sell and is not soliciting an offer to buy any of the securities, nor shall there be any offer or sale of the securities in any jurisdiction where the offer or sale is not permitted. Rockwell Automation, Inc. (NYSE: ROK), is a leading global provider of industrial automation power, control and information solutions that help manufacturers achieve a competitive advantage in their businesses. The company brings together leading global brands in industrial automation which include Allen-Bradley(R) controls and services and Rockwell Software(R) factory management software. Headquartered in Milwaukee, Wis., the company employs about 20,000 people serving customers in more than 80 countries.
CONTACT: Rockwell Automation
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