FWP 1 dfwp.htm $250,000,000 5.750% SENIOR NOTES DUE 2011 $250,000,000 5.750% Senior Notes due 2011

Issuer Free Writing Prospectus

Filed Pursuant to Rule 433

Registration Statement No. 333-134724

(Supplementing Preliminary Prospectus Supplement Dated June 5, 2006)

BJ Services Company

Free Writing Prospectus Dated June 5, 2006

The information in this free writing prospectus supplements the information contained in, and should be read together with, the preliminary prospectus supplement dated June 5, 2006 and the accompanying prospectus dated June 5, 2005 (including the documents incorporated by reference therein).


SCHEDULE B-2

BJ SERVICES COMPANY

$250,000,000 5.750% Senior Notes due 2011

Term Sheet

 

Issuer:      BJ Services Company
Expected Ratings:      Baa1 / BBB+ (Moody’s / S&P)
Ranking:      Senior Unsecured
Principal Amount:      $250,000,000
Pricing Date:      June 5, 2006
Settlement Date:      June 8, 2006 (T+3)
Maturity Date:      June 1, 2011
Interest Payment Dates:      December 1 and June 1, of each year, commencing December 1, 2006
Benchmark Treasury:      4.875% due 5/11
UST Spot (Px/Yield):      $99.664 / 4.951%
Spread to Benchmark:      83 basis points
Yield to Maturity:      5.781%
Coupon:      5.750%
Price to Public:      $99.869
Price to Underwriters:      $99.269
Net Proceeds to Issuer, after fees:      $248,172,500
Daycount:      30/360
Minimum Denomination:      $1,000 and integral multiples of $1,000
Make-Whole Redemption:      At any time at the Adjusted Treasury Rate plus 15 basis points
CUSIP:      055482 AH 6
Lead Manager:      Merrill Lynch & Co.
Co-Managers:      Banc of America Securities LLC, Citigroup, JPMorgan

The Company 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 Company has filed with the SEC for more complete information about

 

Sch B-2-1