Attached files
| file | filename |
|---|---|
| 8-K - FORM 8-K - SUPERIOR ENERGY SERVICES INC | d397023d8k.htm |
| EX-99.1 - PRESS RELEASE ISSUED BY SUPERIOR ENERGY SERVICES, INC., DATED AUGUST 13, 2012 - SUPERIOR ENERGY SERVICES INC | d397023dex991.htm |
Exhibit 99.2
NOTICE OF REDEMPTION TO THE HOLDERS
OF
SESI, L.L.C.
67/8% SENIOR NOTES DUE 2014
(CUSIP No. [78412F AF1])*
NOTICE IS HEREBY GIVEN THAT, pursuant to paragraph 5 of the 67/ 8% Senior Notes due December 1, 2014 (the “Notes) and in accordance with Section 3.07(c) of the Indenture dated as of May 22, 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 $150,000,000 of the outstanding Notes on August 21, 2012 (the “Redemption Date”), at the redemption price of 100.000% of the face amount thereof (the “Redemption Price”), plus any accrued and unpaid interest thereon. The Notes are being redeemed in part, by fifty percent (50%) of the principal of amount of each Note, and after the Redemption Date upon surrender of such Note, a new Note or Notes in principal amount equal to the unredeemed portion will be issued upon cancellation of the original Note.
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”).
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: August 10, 2012 | By: | Superior Energy Services, Inc. | ||
| Its: | Managing Member | |||
| By: | /s/ Robert S. Taylor | |||
| Name: | Robert S. Taylor | |||
| Title: | Executive Vice President, Chief Financial Officer and Treasurer | |||
| * | 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 31% 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.