| Issuer Free Writing Prospectus | Filed Pursuant to Rule 433 Registration No. 333-194103 February 18, 2016 |
Amgen Inc.
TERM SHEET
Dated February 18, 2016
€1,250,000,000 1.250% Senior Notes due 2022 (“2022 Notes”)
€750,000,000 2.000% Senior Notes due 2026 (“2026 Notes”)
This term sheet relates only to the securities described below and supplements and should be read together with the preliminary prospectus supplement, dated February 18, 2016, and the accompanying prospectus (including the documents incorporated by reference in the accompanying prospectus) relating to these securities.
| Issuer: |
Amgen Inc. | |
| Ranking: |
Senior Unsecured | |
| Principal Amount: |
2022 Notes: €1,250,000,000 2026 Notes: €750,000,000 | |
| Maturity Date: |
2022 Notes: February 25, 2022 2026 Notes: February 25, 2026 | |
| Coupon: |
2022 Notes: 1.250% 2026 Notes: 2.000% | |
| Day Count Convention: |
Actual/Actual (ICMA) | |
| Price to Public: |
2022 Notes: 99.971% 2026 Notes: 99.821%
In each case, plus accrued interest from February 25, 2016 if settlement occurs after such date. | |
| Yield to Maturity: |
2022 Notes: 1.255% 2026 Notes: 2.020% | |
| Benchmark Security: |
2022 Notes: DBR 2.000% due January 4, 2022, yield –0.262% 2026 Notes: DBR 0.500% due February 15, 2026, yield 0.222% | |
| Spread to Benchmark: |
2022 Notes: 151.7 bps 2026 Notes: 179.8 bps | |
| Spread to Mid-Swaps: |
2022 Notes: 110 bps 2026 Notes: 143 bps | |
| Mid Swap Yield: |
2022 Notes: 0.155% 2026 Notes: 0.590% | |
| Interest Payment Date: |
February 25, commencing February 25, 2017 | |
| Make-whole Redemption: |
2022 Notes: 25 bps 2026 Notes: 30 bps | |
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| Par Call: |
On or after November 25, 2021 (2022 Notes) On or after November 25, 2025 (2026 Notes) | |
| Payment Business Day Centers: |
New York City, London, TARGET 2 System Days | |
| Business Day Convention: |
Following Unadjusted | |
| Interest (Calculation) Period: |
February 25, 2016 | |
| Net Proceeds to Issuer (before expenses): |
2022 Notes: €1,244,950,000 2026 Notes: €745,282,500 | |
| Trade Date: |
February 18, 2016 | |
| Settlement Date: |
February 25, 2016 (T+5) | |
| CUSIP: |
2022 Notes: 031162 CA6 2026 Notes: 031162 CB4 | |
| Common Code: |
2022 Notes: 136927825 2026 Notes: 136927876 | |
| ISIN: |
2022 Notes: XS1369278251 2026 Notes: XS1369278764 | |
| Denominations: |
€100,000 and integral multiples of €1,000 in excess thereof. | |
| Listing: |
Amgen Inc. intends to apply to list the 2022 Notes and the 2026 Notes on the New York Stock Exchange. | |
| Expected Ratings: |
Moody’s: Baa1 S&P: A Fitch: BBB | |
| Joint Book-Running Managers: |
Merrill Lynch International Barclays Bank PLC J.P. Morgan Securities plc Deutsche Bank AG, London Branch | |
| Senior Co-Managers: |
SMBC Nikko Capital Markets Limited Morgan Stanley & Co. International plc Citigroup Global Markets Limited Goldman, Sachs & Co. | |
| Co-Managers: |
BNP Paribas Credit Suisse Securities (Europe) Limited HSBC Bank plc Mitsubishi UFJ Securities International plc Mizuho International plc RBC Europe Limited UBS Limited Wells Fargo Securities International Limited | |
Amgen Inc. has filed a registration statement (including a prospectus dated as of February 24, 2014) and a preliminary prospectus supplement dated as of February 18, 2016 with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement, the preliminary prospectus supplement and other documents Amgen Inc. has filed with the SEC for more complete information about the issuer and this offering. You should rely on the prospectus, preliminary prospectus supplement and any relevant free writing prospectus or term sheet for complete details. You may get
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these documents for free by visiting the SEC web site at www.sec.gov. Alternatively, copies of the prospectus and the preliminary prospectus supplement may be obtained by calling Merrill Lynch International at (800) 294-1322 (toll free), Barclays Bank PLC at (888) 603-5847 (toll free), J.P. Morgan Securities plc collect at +44-207-134-2468, and Deutsche Bank AG, London Branch at 1-800-503-4611 (toll free).
The security ratings above are not a recommendation to buy, sell or hold the securities offered hereby. The ratings may be subject to revision or withdrawal at any time by Moody’s, S&P and Fitch. Each of the security ratings above should be evaluated independently of any other security rating.
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