Filed Pursuant to Rule 433
Issuer Free Writing Prospectus dated November 3, 2014
Relating to Preliminary Prospectus Supplement dated November 3, 2014
Registration No. 333-182942
Standard Pacific Corp.
| Issuer: | Standard Pacific Corp. | |
| Security Description: | Senior Notes | |
| Distribution: | SEC Registered | |
| Face: | $300,000,000 | |
| Gross Proceeds: | $300,000,000 | |
| Net Proceeds to Issuer (before expenses): | $296,625,000 | |
| Coupon: | 5.875% | |
| Maturity: | November 15, 2024 | |
| Offering Price: | 100.000% | |
| Yield to Maturity: | 5.875% | |
| Spread to Treasury: | +351 bps | |
| Benchmark: | UST 2.375% due August 15, 2024 | |
| Ratings: | B1/B+ | |
| Interest Payment Dates: | May 15 and November 15 | |
| Beginning: | May 15, 2015 | |
| Optional Redemption: | Makewhole call @ T+50 bps; par call beginning May 15, 2024 | |
| Change of Control Triggering Event: | Put @ 101% of principal plus accrued interest | |
| Trade Date: | November 3, 2014 | |
| Settlement Date: | November 6, 2014 | |
| CUSIP: | 85375C BE0 | |
| ISIN: | US85375CBE03 | |
| Denominations: | 2,000x1,000 | |
| Joint-bookrunners: | J.P. Morgan Securities LLC Citigroup Global Markets Inc. Merrill Lynch, Pierce, Fenner & Smith Incorporated Credit Suisse Securities (USA) LLC | |
| Co-managers: | BNP Paribas Securities Corp. Comerica Securities, Inc. U.S. Bancorp Investments, Inc. |
The sixth paragraph under the heading “Underwriting” of the Preliminary Prospectus Supplement will be updated to remove the second sentence thereof.
Terms used but not defined herein shall have the meaning ascribed to them in the Preliminary Prospectus Supplement.
This communication is intended for the sole use of the person to whom it is provided by the sender. This material is confidential and is for your information only and is not intended to be used by anyone other than you. This information does not purport to be a complete description of the notes or the offering. This communication does not constitute an offer to sell or the solicitation of an offer to buy any notes in any jurisdiction to any person to whom it is unlawful to make such offer or solicitation in such jurisdiction.
Standard Pacific has filed a registration statement (including a prospectus and a preliminary prospectus supplement) with the SEC for the offering to which this communication relates. Before you invest, you
should read the prospectus (including the preliminary prospectus supplement) in that registration statement and other documents Standard Pacific has filed with the SEC for more complete information about Standard Pacific and this offering. You may get these documents for free by visiting EDGAR on the SEC web site at www.sec.gov. Alternatively, copies of the prospectus relating to the offering may be obtained from your sales representative J.P. Morgan Securities LLC, 383 Madison Avenue, New York, New York 10179 or toll free at 1-800-999-2000.
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