| Issuer Free Writing Prospectus | Filed Pursuant to Rule 433 | |
| Registration No. 333-172617 November 7, 2011 |
Amgen Inc.
TERM SHEET
Dated November 7, 2011
$1,750,000,000 3.875% Senior Notes due 2021
This term sheet relates only to the securities described below and supplements and should be read together with the preliminary prospectus supplement, dated November 7, 2011 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: |
$1,750,000,000 | |
| Maturity Date: |
November 15, 2021 | |
| Coupon: |
3.875% | |
| Price to Public: |
99.720%, plus accrued interest from November 10, 2011 if settlement occurs after such date | |
| Yield to Maturity: |
3.909% | |
| Treasury Benchmark: |
2.125% due August 15, 2021 | |
| Spread to Benchmark: |
187.5 bps | |
| Interest Payment Dates: |
May 15 and November 15 commencing May 15, 2012 | |
| Reinvestment Rate: |
0.30% plus the arithmetic mean of the yields under the respective heading “Week Ending” published in the most recent Statistical Release under the caption “Treasury Constant Maturities” for the maturity (rounded to the nearest month) corresponding to the remaining life to maturity, as of the payment date of the principal being redeemed or paid. | |
| Net Proceeds to Issuer (before expenses): |
$1,737,225,000 | |
| Trade Date: |
November 7, 2011 | |
| Settlement Date: |
November 10, 2011 (T+3) | |
| CUSIP: |
031162 BM1 | |
| ISIN: |
US031162BM10 | |
| Denominations: |
$2,000 × $1,000 | |
| Ratings: |
Moody’s: Baa1 (Stable Outlook) S&P: A+ (Stable Outlook) Fitch: BBB (Stable Outlook) | |
| Underwriters: |
Joint Book-Running Managers: | |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | ||
| Morgan Stanley & Co. LLC | ||
| J.P. Morgan Securities LLC | ||
| Citigroup Global Markets Inc. | ||
| Senior Co-Managers: | ||
| Barclays Capital Inc. | ||
| Deutsche Bank Securities Inc. | ||
| UBS Securities LLC | ||
| Goldman, Sachs & Co. | ||
| Credit Suisse Securities (USA) LLC | ||
| Mitsubishi UFJ Securities (USA), Inc. | ||
| Co-Managers: | ||
| SMBC Nikko Capital Markets Limited |
Amgen Inc. has filed a registration statement (including a prospectus dated as of March 4, 2011) and a prospectus supplement dated as of November 7, 2011 with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement, the 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, prospectus supplement and any relevant free writing prospectus or term sheet for complete details. You may get these documents for free by visiting the SEC web site at www.sec.gov. Alternatively, copies of the prospectus and the prospectus supplement may be obtained from Merrill Lynch, Pierce, Fenner & Smith Incorporated by calling 800-294-1322; Morgan Stanley & Co. LLC by calling 866-718-1649; or J.P. Morgan Securities LLC by calling 212-834-4533.
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.