Oil States to repay part of revolvers with $600 million notes proceeds

By Toni Weeks

San Diego, May 19 - Oil States International, Inc. said it intends to use the proceeds from its planned offering of $600 million of senior notes due 2019 to repay a portion of the outstanding borrowings under its U.S. and Canadian revolving credit facilities and for general corporate purposes.

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

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