Filed under Rule 433
File No. 333-72340
Colgate-Palmolive Company
$254,388,000 5.20% Notes due November 7, 2016
Final Term Sheet
Issuer: Colgate-Palmolive Company
Principal Amount: $254,388,000
Type: SEC Registered - Registration Statement No. 333-72340
Proceeds to Issuer: $253,222,903 (before expenses) (99.542%)
Price to Public: 99.992%
Pricing Date: November 1, 2006
Day Count: 30/360
Settlement Date: November 6, 2006
Maturity Date: November 7, 2016
Interest Rate: 5.20%
Spread to Treasury: +64 basis points (0.64%)
Benchmark Treasury: 4.875% due August 15, 2016
Benchmark Yield 4.561%
Yield to Maturity: 5.201%
Specified Currency: U.S. Dollars ($)
Interest Payment Dates: Interest will be paid on the Maturity Date and
semiannually on May 7 and November 7 of each year,
provided that if any such day is not a Business
Day, the payment will be made on the next Business
Day as if it were made on the date the payment
was due, and no additional interest will accrue as
a result of this delayed payment.
First Payment Date: May 7, 2007
Accrual of Interest: Interest payments will include the amount of
interest accrued from and including the most
recent Interest Payment Date in respect of which
interest has been paid (or from and including the
Settlement Date) to, but excluding, the applicable
Interest Payment Date.
Minimum Denomination: Minimum denominations of $1,000 and integral
multiples of $1,000.
Anticipated Ratings: Aa3 by Moody's Investors Service, Inc.
AA- by Standard & Poor's Ratings Services
These security ratings are not a recommendation to
buy, sell or hold the Notes offered hereby. The
ratings may be subject to revision or withdrawal
at any time by Moody's and Standard and Poor's.
Each of the security ratings included herein
should be evaluated independently of any other
security rating.
Exchange Listing: None
Other Provisions: "Business Day" means any day, other than a
Saturday or Sunday, that is neither a legal
holiday nor a day on which commercial banks are
authorized or required by law, regulation or
executive order to close in The City of New York.
The Issuer is offering to sell the Notes having the terms specified above
through Citigroup Global Markets Inc., Deutsche Bank Securities Inc., Merrill
Lynch, Pierce, Fenner & Smith Incorporated and Morgan Stanley & Co.
Incorporated, acting as co-lead agents, and the other agents listed below
(collectively, the "Agents"). The Agents, acting solely as the Issuer's
agents, have agreed to use their respective reasonable efforts to solicit
purchases of the principal amount of Notes set forth opposite their respective
names.
Co-Lead Agents Principal Amount of Notes
Citigroup Global Markets Inc. $27,500,000
Deutsche Bank Securities Inc. $27,500,000
Merrill Lynch, Pierce, Fenner & Smith $27,500,000
Incorporated
Morgan Stanley & Co. Incorporated $27,500,000
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Agents Principal Amount of Notes
Banc of America Securities LLC $27,500,000
BNP Paribas Securities Corp. $27,500,000
Goldman, Sachs & Co. $27,500,000
HSBC Securities (USA) Inc. $27,500,000
J.P. Morgan Securities Inc. $27,500,000
Williams Capital Group, L.P. $6,888,000
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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 Website at www.sec.gov. Alternatively,
you may request for a copy of the prospectus by calling Citigroup Global
Markets Inc. toll free at 1-877-858-5407, Deutsche Bank Securities Inc. toll
free at 1-800-503-4611, Merrill Lynch, Pierce, Fenner & Smith Incorporated
toll free at 1-866-500-5408 or Morgan Stanley & Co. Incorporated toll free at
1-866-718-1649.
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