Key Energy Services Inc. - 2011-03-02
Description
Priced a registered public offering of $475 million aggregate principal amount of senior notes due 2021. Net proceeds will be used to fund the repurchase of any and all of Key Energy Services' outstanding 8 3/8% senior notes due 2014.
Credit Suisse Securities (USA) LLC, BofA Merrill Lynch, J.P. Morgan Securities LLC and Morgan Stanley & Co. Inc. are joint book-running managers. Capital One Southcoast Inc., Comerica Securities Inc., Deutsche Bank Securities Inc. and Scotia Capital (USA) Inc. are co-managers.