Filed Pursuant to Rule 424(b)(3)
Registration Statement No. 333-132041
A filing fee of $33,405, based on a $850,000,000 maximum aggregate offering price,
calculated in accordance with Rule 457(r), has been transmitted
to the SEC in connection with the debt securities offered by means of this pricing supplement and the
accompanying prospectus and prospectus supplement from Registration Statement No. 333-132041.
This paragraph shall be deemed to update the “Calculation of Registration Fee”
table in that Registration Statement.
PRICING SUPPLEMENT NO. 2 Dated August 18, 2008
To Prospectus Dated June 18, 2007 and
Prospectus Supplement Dated June 18, 2007
$850,000,000
3M COMPANY
Medium-Term Notes, Series E
4.375% Notes Due 2013
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Type of Note: |
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Fixed Rate |
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Principal Amount: |
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$850,000,000 |
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Price to Public: |
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99.824% |
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Proceeds to Company: |
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99.824% ($848,504,000) |
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Interest Rate: |
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4.375% per annum |
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Original Issue Date: |
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August 18, 2008 |
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Maturity Date: |
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August 15, 2013 |
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Interest Payment Dates: |
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February 15 and August 15 of each year, commencing February 15, 2009 |
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Redemption: |
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Not redeemable |
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Day Count Convention: |
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30/360 |
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Form: |
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DTC, Book-Entry |
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CUSIP No.: |
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88579EAE5 |
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Underwriters: |
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Goldman, Sachs & Co. |
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Citigroup Global Markets Inc. |
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Morgan Stanley & Co. Incorporated |
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Use of Proceeds: |
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The Issuer intends to use the net proceeds from the sale of the Notes to repay a portion of its outstanding commercial paper, with any remaining balance to be used for general corporate purposes. |
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Additional Information: |
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Selling Concession: |
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0.200% |
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Reallowance: |
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0.150% |
The Issuer expects to deliver the Notes on or about August 21, 2008. Under Rule 15c6-1 of the Securities Exchange Act of 1934, trades in the secondary market generally are required to settle within three business days, unless the parties to any such trade expressly agree otherwise. Accordingly, if an investor wishes to trade the Notes on any day prior to the third business day before the date of delivery of the Notes, the investor and its counterparty will be required, by virtue of the fact that the Notes initially will settle on a delayed basis, to agree to a delayed settlement cycle at the time of any such trade to prevent a failed settlement.