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Prospect News home > News index > List of issuers S > Headlines for Superior Energy Services, Inc. > News item
Published on 10/18/2011 in the Prospect News Convertibles Daily and Prospect News Liability Management Daily.

SESI plans to redeem all of its 1.5% senior exchangeable notes due 2026

By Tali David

Minneapolis, Oct. 18 - Superior Energy Services, Inc. announced that its wholly owned subsidiary, SESI, LLC, will redeem all its outstanding 1.5% senior exchangeable notes due 2026 on Dec. 15.

SESI originally issued $400 million of the notes in 2006 at par via bookrunners Bear Stearns and Lehman Brothers.

SESI is a wholly owned subsidiary of Superior Energy Services, a New Orleans-based provider of services to the oil and gas industry.


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