0001193125-13-019536.txt : 20130123 0001193125-13-019536.hdr.sgml : 20130123 20130122182925 ACCESSION NUMBER: 0001193125-13-019536 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20130123 DATE AS OF CHANGE: 20130122 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: DENBURY RESOURCES INC CENTRAL INDEX KEY: 0000945764 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 752815171 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-186112 FILM NUMBER: 13541258 BUSINESS ADDRESS: STREET 1: 5320 LEGACY DRIVE CITY: PLANO STATE: TX ZIP: 75024 BUSINESS PHONE: 9726732000 MAIL ADDRESS: STREET 1: 5320 LEGACY DRIVE CITY: PLANO STATE: TX ZIP: 75024 FORMER COMPANY: FORMER CONFORMED NAME: NEWSCOPE RESOURCES LTD DATE OF NAME CHANGE: 19950627 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: DENBURY RESOURCES INC CENTRAL INDEX KEY: 0000945764 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 752815171 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 5320 LEGACY DRIVE CITY: PLANO STATE: TX ZIP: 75024 BUSINESS PHONE: 9726732000 MAIL ADDRESS: STREET 1: 5320 LEGACY DRIVE CITY: PLANO STATE: TX ZIP: 75024 FORMER COMPANY: FORMER CONFORMED NAME: NEWSCOPE RESOURCES LTD DATE OF NAME CHANGE: 19950627 FWP 1 d470925dfwp.htm FWP FWP

Filed Pursuant to Rule 433

Registration Statement No. 333-186112

January 22, 2013

Denbury Resources Inc.

Pricing Term Sheet

 

Issuer:    Denbury Resources Inc.
Security Description:    Senior Subordinated Notes
Distribution:    SEC Registered
Aggregate Principal Amount:    $1,200,000,000
Gross Proceeds:    $1,200,000,000
Net Proceeds (Before Expenses):    $1,182,000,000
Coupon:    4.625%
Maturity:    July 15, 2023
Offering Price:    100.000% of face amount, plus accrued interest, if any
Yield to Maturity:    4.625%
Spread to Benchmark Treasury:    279 bps
Benchmark Treasury:    UST 1.625% due 11/15/22
Interest Payment Dates:    January 15 and July 15, commencing July 15, 2013
Optional Redemption:   

Make-whole call at T+50 until January 15, 2018

On or after January 15, 2018: 102.313%

On or after January 15, 2019: 101.542%

On or after January 15, 2020: 100.771%

On or after January 15, 2021 and thereafter: 100%

Equity Clawback:    Prior to January 15, 2016, up to 35% may be redeemed at 104.625%
Trade Date:    January 22, 2013
Settlement:    T+10; February 5, 2013
CUSIP:    24823U AH1
ISIN:    US24823UAH14
Denominations:    2,000x1,000

Book-Running Managers:   

Merrill Lynch, Pierce, Fenner & Smith Incorporated

J.P. Morgan Securities LLC

Credit Suisse Securities (USA) LLC

Wells Fargo Securities, LLC

RBC Capital Markets, LLC

Credit Agricole Securities (USA) Inc.

Co-Managers:   

Scotia Capital (USA) Inc.

Mitsubishi UFJ Securities (USA), Inc.

UBS Securities LLC

Capital One Southcoast, Inc.

CIBC World Markets Corp.

Comerica Securities, Inc.

U.S. Bancorp Investments, Inc.

ING Financial Markets LLC

SunTrust Robinson Humphrey, Inc.

KeyBanc Capital Markets Inc.

SMBC Nikko Capital Markets Limited

Fifth Third Securities, Inc.

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 underwriters will arrange to send you the prospectus if you request it by contacting Merrill Lynch, Pierce, Fenner & Smith Incorporated at 222 Broadway, 11th Floor, New York, NY 10038, Attention: Prospectus Department or by calling 800-294-1322 or emailing: dg.prospectus_requests@baml.com.

 

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