HOUSTON, Nov 08, 2011 (BUSINESS WIRE) --
Exterran Holdings, Inc. ("Exterran") (NYSE: EXH) announcedtoday
that it has commenced a registered exchange offer to exchange up to $350
million aggregate principal amount of its 7.25% Senior Notes due 2018
which have been registered under the Securities Act of 1933, as amended
(the "Exchange Notes"), for any and all of its outstanding 7.25% Senior
Notes due 2018, which were issued in a private placement (the "Private
Notes").
The sole purpose of the exchange offer is to fulfill the obligations of
Exterran with respect to the registration of the Private Notes. Pursuant
to a registration rights agreement entered into by Exterran in
connection with the sale of the Private Notes, Exterran agreed to file
with the Securities and Exchange Commission a registration statement
relating to the exchange offer pursuant to which the Exchange Notes,
containing substantially identical terms to the Private Notes, would be
offered in exchange for Private Notes that are tendered by the holders
of those notes.
The exchange offer will expire at 5:00 p.m., New York City time, on Dec.
6, 2011, unless extended. Private Notes tendered pursuant to the
exchange offer may be withdrawn at any time prior to the expiration date
by following the procedures set forth in the exchange offer prospectus.
The terms of the exchange offer are contained in the exchange offer
prospectus and related letter of transmittal. Requests for assistance or
for copies of the exchange offer prospectus and related letter of
transmittal should be directed to the exchange agent, Wells Fargo Bank,
National Association, at (800) 344-5128.
This press release shall not constitute an offer to sell any securities
or a solicitation of an offer to buy any securities. The exchange offer
will be made only by means of a written prospectus.
ABOUT EXTERRAN
Exterran Holdings, Inc. is a global market leader in full service
natural gas compression and a premier provider of operations,
maintenance, service and equipment for oil and gas production,
processing and transportation applications. Exterran serves customers
across the energy spectrum -- from producers to transporters to
processors to storage owners. Headquartered in Houston, Texas, Exterran
has more than 10,000 employees and operates in approximately 30
countries.
For more information, visit www.exterran.com.
Forward-Looking Statements:
All statements, other than statements of historical fact, included in
this release are forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995. These statements are
based upon current expectations and are subject to a number of risks,
uncertainties and assumptions, which are more fully described in
Exterran's Annual Report on Form 10-K and Quarterly Reports on Form 10-Q
filed with the Securities and Exchange Commission. These risks,
uncertainties and assumptions could cause actual results to differ
materially from those described in the forward-looking statements.
Exterran assumes no obligation and expressly disclaims any duty to
update the information contained herein except as required by law.
SOURCE: Exterran Holdings, Inc.
Exterran Holdings, Inc.
Investors:
David Oatman, 281-836-7035
or
Media:
Susan Moore, 281-836-7398