Enogex Sells $250 Million of 10-Year Senior Notes
10 Novembro 2009 - 6:40PM
PR Newswire (US)
OKLAHOMA CITY, Nov. 10 /PRNewswire-FirstCall/ -- OGE Energy Corp.
(NYSE: OGE) announced today that its midstream pipeline subsidiary,
Enogex LLC, sold $250 million of 6.25 percent 10-year senior notes.
Enogex intends to apply the net proceeds from the sale of the new
notes for general corporate purposes, including repaying, at
maturity, a portion of the $289.2 million outstanding aggregate
principal amount of its 8.125 percent senior notes, which mature on
January 15, 2010. Pending such use, Enogex will temporarily use the
net proceeds from the sale of the notes to repay borrowings under
Enogex's credit facility with any excess net proceeds being
temporarily invested. The notes are being issued in a transaction
exempt from the registration requirements of the Securities Act of
1933 and have not been and will not be registered under the
Securities Act of 1933, and will not be offered or sold in the
United States absent registration or an applicable exemption from
the registration requirements of the Securities Act of 1933 and any
applicable state securities laws. This news release shall not
constitute an offer to sell any securities or a solicitation of an
offer to buy any securities. OGE Energy is the parent company of
Oklahoma Gas and Electric Company (OG&E), which serves more
than 776,000 customers in a service territory spanning 30,000
square miles in Oklahoma and western Arkansas, and of Enogex LLC, a
midstream natural gas pipeline business with principal operations
in Oklahoma. DATASOURCE: OGE Energy Corp. CONTACT: Media, Brian
Alford, +1-405-553-3187; or Financial, Todd Tidwell,
+1-405-553-3966, both of OGE Energy Corp. Web Site:
http://www.oge.com/
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