New Issue-Oil States International sells $400 mln notes

Tue Dec 18, 2012 4:00pm EST

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Oil States International Inc on Tuesday sold $400
million of senior notes in the 144a private placement market,
said IFR, a Thomson Reuters service.
    RBC was the sole bookrunning manager for the sale.

BORROWER: OIL STATES INTERNATIONAL INC.

AMT $400 MLN     COUPON 5.125 PCT    MATURITY  1/15/2023
TYPE SR NTS      ISS PRICE 100       FIRST PAY  7/15/2013
MOODY'S Ba3      YIELD 5.125 PCT     SETTLEMENT 12/21/2012
S&P BB-PLUS      SPREAD 329 BPS      PAY FREQ SEMI-ANNUAL
FITCH N/A         MORE THAN TREAS    NON-CALLABLE 5 YRS*

*MAKE-WHOLE CALL 50 BPS
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California state worker Albert Jagow (L) goes over his retirement options with Calpers Retirement Program Specialist JeanAnn Kirkpatrick at the Calpers regional office in Sacramento, California October 21, 2009. Calpers, the largest U.S. public pension fund, manages retirement benefits for more than 1.6 million people, with assets comparable in value to the entire GDP of Israel. The Calpers investment portfolio had a historic drop in value, going from a peak of $250 billion in the fall of 2007 to $167 billion in March 2009, a loss of about a third during that period. It is now around $200 billion. REUTERS/Max Whittaker   (UNITED STATES) - RTXPWOZ

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