Filed Pursuant to Rule 433
Issuer Free Writing Prospectus
Registration No. 333-213005-01
March 28, 2017
PRICING INFORMATION
OKLAHOMA GAS AND ELECTRIC COMPANY
$300,000,000 4.150% SENIOR NOTES, SERIES DUE APRIL 1, 2047
Issuer |
| Oklahoma Gas and Electric Company |
Ratings (Moody’s / S&P / Fitch)* |
| A1 (Stable) / A- (Stable) / A+ (Stable) |
Principal Amount |
| $300,000,000 |
Collateral Type |
| Senior Unsecured Notes |
Format |
| SEC Registered |
Trade Date |
| March 28, 2017 |
Settlement Date (T+3) |
| March 31, 2017 |
Maturity |
| April 1, 2047 |
Interest Payment Dates |
| Semi-annual payments on April 1 and October 1 of each year, beginning October 1, 2017 |
Optional Redemption Provisions |
| T + 20 bps (at any time before October 1, 2046) |
Benchmark Treasury |
| 2.875% due November 15, 2046 |
Benchmark Treasury Yield |
| 3.004% |
Spread to Benchmark Treasury |
| T+115 bps |
Reoffer Yield |
| 4.154% |
Coupon |
| 4.150% |
Price to Public |
| 99.932% of the principal amount |
CUSIP / ISIN |
| 678858BR1 / US678858BR12 |
Joint Book-Running Managers |
| Mizuho Securities USA Inc. |
|
| RBC Capital Markets, LLC |
|
| Wells Fargo Securities, LLC |
Co-managers |
| KeyBanc Capital Markets Inc. |
|
| Morgan Stanley & Co. LLC |
|
| BOK Financial Securities, Inc. |
Note: A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawn at any time.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 Mizuho Securities USA Inc. at (866) 271-7403, RBC Capital Markets, LLC at (866) 375-6829 or Wells Fargo Securities, LLC at (800) 645-3751.
