FWP: Filing under Securities Act Rules 163/433 of free writing prospectuses
Published on October 6, 2006
Filed Pursuant to Rule 433
Registration Nos. 333-136844
333-103721
Registration Nos. 333-136844
333-103721
October 5, 2006
CALIFORNIA WATER SERVICE GROUP
2,000,000 SHARES OF
COMMON STOCK
2,000,000 SHARES OF
COMMON STOCK
FINAL TERM SHEET
Issuer:
|
California Water Service Group | |
Security:
|
Common Stock, par value $0.01 per share | |
Size:
|
2,000,000 shares | |
Over-allotment Option:
|
Up to 300,000 shares | |
Type of Security:
|
SEC Registered Registration Statement Nos. 333-136844 and 333-103721 | |
Public Offering Price:
|
$36.75 per share; $73,500,000 total without exercise of over-allotment option; $84,525,000 million total with full exercise of over-allotment option | |
Underwriting Discount:
|
$1.378 per share; $2,756,000 total without exercise of over-allotment option; $3,169,400 total with full exercise of over-allotment option | |
Proceeds to the Company,
before Expenses and after
deducting Underwriting
Discount:
|
$35.372 per share; $70,744,000 total without exercise of over-allotment option; $81,355,600 total with full exercise of over-allotment option | |
Estimated Company Expenses:
|
Approximately $501,050, other than underwriting discounts and commissions |
Expected Net Proceeds
(exclusive of over-allotment
option) after deducting
underwriting discounts and
commissions and estimated
transaction expenses payable
by us:
|
$70,242,950 | |
Bookrunner:
|
Robert W. Baird & Co. |
Underwriting Commitment: |
||||
Firm Shares | ||||
Robert W. Baird & Co. Incorporated | 830,000 | |||
A.G. Edwards & Sons, Inc. | 780,000 | |||
Edward D. Jones & Co., L.P. | 130,000 | |||
J.J.B. Hilliard, W.C. Lyons, Inc. | 130,000 | |||
Stifel, Nicolaus & Company Incorporated | 130,000 |
Settlement Date:
|
October 12, 2006 | |
Selling Concession:
|
Not to exceed $0.825 per share | |
Reallowance to other dealers:
|
Not to exceed $0.10 per share | |
Listing:
|
New York Stock Exchange under the symbol CWT |
California Water Service Group 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 California Water Service Group has
filed with the SEC for more complete information about California Water Service Group and this
offering. You may get these documents for free by visiting EDGAR on the SEC Web site at
www.sec.gov. Alternatively, California Water Service Group, any underwriter or any dealer
participating in the offering will arrange to send you the prospectus if you request it by calling
toll-free 1-800-792-2473.