HOUSTON, Dec. 18, 2012 (GLOBE NEWSWIRE) -- Oil States International, Inc. ("Oil States" or the "Company") (NYSE:OIS) announced today the pricing of its private placement to eligible purchasers of $400 million in aggregate principal amount of 5.125% senior unsecured notes due 2023. The offering size was increased to $400 million from the previously announced $300 million. The notes will be issued at 100% of par to yield 5.125% to maturity. The offering is expected to close on December 21, 2012, subject to customary closing conditions. Oil States intends to use the net proceeds from this offering to repay all outstanding borrowings under its U.S. revolving credit facility and for general corporate purposes.
Oil States International, Inc. Announces Upsized Pricing Of $400 Million Offering Of Senior Notes
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