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Filed Pursuant to Rule 433
Issuer Free Writing Prospectus
Registration No. 333-225030-01
March 30, 2020
Oklahoma Gas And Electric Company
$300,000,000 3.250% Senior Notes, Series due April 1, 2030
|Issuer||Oklahoma Gas and Electric Company|
|Ratings (Moody’s / S&P / Fitch)*||A3 (Stable) / A- (Stable) / A (Stable)|
|Collateral Type||Senior Unsecured Notes|
|Trade Date||March 30, 2020|
|Settlement Date (T+2)||April 1, 2020|
|Maturity||April 1, 2030|
|Interest Payment Dates||Semi-annual payments on April 1 and October 1 of each year, beginning October 1, 2020|
Optional Redemption Provisions
Make Whole Call
T + 40 bps (at any time before October 1, 2029)
At any time on or after October 1, 2029
|Benchmark Treasury||1.500 % due February 15, 2030|
|Benchmark Treasury Yield||0.656 %|
|Spread to Benchmark Treasury||T + 260 bps|
|Reoffer Yield||3.256 %|
|Price to Public||99.949 % of the principal amount|
|CUSIP / ISIN||678858BV2 / US678858BV24|
|Joint Book-Running Managers||Mizuho Securities USA LLC|
RBC Capital Markets, LLC
Wells Fargo Securities, LLC
|Co-managers||KeyBanc Capital Markets Inc.|
|Morgan Stanley & Co. LLC|
|BOK Financial Securities, Inc.|
BOK Financial Securities, Inc., one of the underwriters, is an affiliate of BOKF, NA, the Trustee under the Indenture.
*Note: A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawn at any time.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 LLC at (866) 271-7403, RBC Capital Markets, LLC (866) 375-6829 and Wells Fargo Securities, LLC at (800) 645-3751.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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