Superior Energy to redeem Complete Production's 8% notes in buyout

By Ashley Montgomery

Kansas City, Kan., Feb. 7 - All of Complete Production Services Inc.'s 8% senior notes due 2016 will be redeemed as part of the company's acquisition by Superior Energy Services, Inc., according to a news release that announced the closing of the acquisition on Tuesday.

The notes will be redeemed March 8.

Superior is a New Orleans-based provider of specialized oilfield services and equipment. Complete Production was a smaller, Houston-based oilfield services company.

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