Oil States International calls all 2.375% contingent convertible notes

By Ashley Montgomery

Kansas City, Kan., May 18 - Oil States International, Inc. will redeem all of its outstanding 2.375% contingent convertible senior notes due 2025, according to a notice.

The notes will be redeemed July 6 at par, plus accrued interest to the redemption date.

As previously reported, the company notified holders of its $174.99 million 2.375% contingent convertible senior notes that they have the option to put the notes on July 1.

Holders also have the right to convert the notes until 5 p.m. ET on July 5. The conversion rate is 31.496 shares of common stock per $1,000 of the notes.

Oil States is a Houston-based diversified oilfield services company.

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