Attached files
file | filename |
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8-K - FORM 8-K - SUPERIOR ENERGY SERVICES INC | h85137e8vk.htm |
EX-99.1 - EX-99.1 - SUPERIOR ENERGY SERVICES INC | h85137exv99w1.htm |
Exhibit 99.2
NOTICE OF REDEMPTION TO THE HOLDERS
OF
SESI, L.L.C.
1.50% SENIOR EXCHANGEABLE NOTES DUE 2026
(CUSIP No. 78412FAH7, 78412FAG9)*
(CUSIP No. 78412FAH7, 78412FAG9)*
NOTICE IS HEREBY GIVEN THAT, pursuant to paragraph 3 of the 1.50% Senior Exchangeable Notes due
December 15, 2026 (the Notes) and in accordance with Section 6.04 of the Indenture dated as of
December 12, 2006 (the Indenture) among SESI, L.L.C., a Delaware limited liability company (the
Company), Superior Energy Services, Inc., a Delaware corporation, the subsidiary guarantors named
therein and The Bank of New York Mellon Trust Company, N.A., as trustee (the Trustee), the
Company has elected to redeem all of the outstanding Notes on December 15, 2011 (the Redemption
Date), at the redemption price of 100% of the face amount thereof (the Redemption Price), plus
any accrued and unpaid interest thereon.
On the Redemption Date, the Redemption Price will be paid on the Notes. In addition, on the
Redemption Date, any accrued and unpaid interest to (but not including) the Redemption Date will be
paid on the Notes. Unless the Company shall default in the payment of such amounts, interest on
the Notes will cease to accrue on and after the Redemption Date and the only remaining right of the
holder of the Notes after such date will be to receive payment of the Redemption Price, plus any
accrued and unpaid interest to (but not including) the Redemption Date, upon surrender of the Notes
to The Bank of New York Mellon Trust Company, as paying agent (the Paying Agent). The Notes
called for redemption may be exchanged at any time before the close of business on December 12,
2011 prior to the Redemption Date to the Paying Agent as Exchange Agent, and Holders who wish to
exchange the Notes must comply with the procedures in Section 12.01(c) of the Indenture. The
current exchange rate is 21.9414 with a related observation period of November 4, 2011 through
December 14, 2011.
To collect the Redemption Price and any accrued and unpaid interest, the Notes must be presented
and surrendered to the Paying Agent on or after the Redemption Date at the offices of the Paying
Agent at:
HAND DELIVERY NY Drop
|
OVERNIGHT MAIL: | BY MAIL: | ||
The Bank of New York Mellon
|
The Bank of New York Mellon | The Bank of New York Mellon | ||
Trust Company, N.A.
|
Trust Company, N.A. | Trust Company, N.A. | ||
Bond Redemption Unit (Lobby)
|
111 Sanders Creek Parkway | 111 Sanders Creek Parkway | ||
101 Barclay Street
|
East Syracuse, NY 13057 | East Syracuse, NY 13057 | ||
New York, NY 10286 |
The method of delivery is at the option and risk of the holder. If delivered by mail, certified or
registered mail, properly insured, is recommended for your protection.
SESI, L.L.C. | ||||
Dated: October 17, 2011
|
By: | Superior Energy Services, Inc. | ||
Its: | Managing Member | |||
By: | /s/ Robert S. Taylor | |||
Name: | Robert S. Taylor | |||
Title: | Executive Vice President, Treasurer and Chief Financial Officer |
* | No representation is made as to the accuracy of the CUSIP numbers either as printed on the Notes or as set forth in this Notice of Redemption. |
U.S. FEDERAL INCOME TAX LAW MAY REQUIRE THE WITHHOLDING OF 28% OF ANY PAYMENTS TO HOLDERS
PRESENTING THEIR NOTES FOR REDEMPTION WHO HAVE FAILED TO FURNISH A TAXPAYER IDENTIFICATION NUMBER
OR CERTIFICATE OF NON-U.S. STATUS, CERTIFIED TO BE CORRECT UNDER PENALTY OF PERJURY. HOLDERS MAY
ALSO BE SUBJECT TO A PENALTY OF $50 FOR FAILURE TO PROVIDE SUCH NUMBER. THEREFORE, PLEASE PROVIDE
THE APPROPRIATE CERTIFICATION (SUCH AS U.S. TAX FORM W-8 OR W-9, AS APPLICABLE) WHEN PRESENTING
YOUR SECURITIES FOR PAYMENT. HOLDERS MAY ALSO BE SUBJECT TO CIVIL AND CRIMINAL PENALTIES FOR
PROVIDING FALSE INFORMATION.