Filed Pursuant to Rule 433
Issuer Free Writing Prospectus
Registration No. 333-151465
September 4, 2008
OKLAHOMA GAS AND ELECTRIC COMPANY
$250,000,000 6.350% SENIOR NOTES, SERIES DUE SEPTEMBER 1, 2018
Issuer: | Oklahoma Gas and Electric Company |
Size: | $250,000,000 |
Maturity: | September 1, 2018 |
Coupon: | 6.350% |
Price: | 99.645% of face amount |
Yield to maturity: | 6.399% |
Spread to Benchmark Treasury: | 275 bps |
Benchmark Treasury: | UST 4.000% due August 15, 2018 |
Benchmark Treasury Price and Yield: | 102-29, 3.649% |
Interest Payment Dates: | March 1 and September 1, commencing March 1, 2009 |
Redemption Provisions: | |
Make-whole call | At any time at a discount rate of Treasury plus 45 basis points |
Settlement: | T+3; September 9, 2008 |
CUSIP: | 678858 BJ9 |
Ratings: | A2/BBB+ |
Note: A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time. |
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 UBS Securities LLC toll free at (877) 827-6444 ext. 561-3884 or Wachovia Capital Markets, LLC at (800) 326-5697.