Filed Pursuant to Rule 433
Issuer Free Writing Prospectus
Registration No. 333-127843
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Issuer |
| Oklahoma Gas & Electric Company |
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Ratings (Moody’s / S&P / Fitch) |
| A2 (stable) / BBB+ (stable) / AA- (stable) |
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Amount |
| $200,000,000 |
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Collateral Type |
| Senior Unsecured Notes |
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Type |
| SEC Registered |
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Trade Date |
| January 28, 2008 |
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Settlement Date (T+3) |
| January 31, 2008 |
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Maturity |
| February 1, 2038 |
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Coupon Payment Dates |
| Semi-annual payments on Feb 1 and Aug 1 of each year, beginning Aug 1, 2008 |
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Coupon Record Dates |
| Semi-annual on Jan 15 and Jul 15 |
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Call Structure |
| Make-whole call at T+ 35 |
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Benchmark |
| UST 4.75% due 2/2037 |
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Benchmark Price |
| 107 - 18+ |
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Benchmark Yield |
| 4.291 | % |
Reoffer Spread |
| +220 bps |
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Reoffer Yield |
| 6.491 | % |
Coupon |
| 6.450 | % |
Price |
| 99.461 | % |
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Joint bookrunners |
| Greenwich Capital Markets, Inc. (20.0 | %) |
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| BNY Capital Markets, Inc. (20.0 | %) |
Co-manager(s) |
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| KeyBanc Capital Markets Inc. (10.0 | %) |
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| Mizuho Securities USA Inc. (15.0 | %) |
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| Piper Jaffray & Co. (10.0 | %) |
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| UMB Financial Services, Inc. (10.0 | %) |
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| Wedbush Morgan Securities Inc. (15.0 | %) |
CUSIP |
| 678858BH3 |
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ISIN |
| US678858BH30 |
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The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling Greenwich Capital Markets, Inc. toll-free at (866) 884-2071 or BNY Capital Markets, Inc. at (800) 241-5189, attention Debt Capital Markets. | |||
