Tulsa’s Williams announced Wednesday that it has priced a public offering of $1 billion of its 3.50% Senior Notes due 2030 at a price of 99.495 percent of par. The expected settlement date for the offering is May 14, 2020, subject to customary closing conditions.
Williams intends to use the net proceeds of the offering to repay its 4.125% Senior Notes due 2020 and for general corporate purposes.
J.P. Morgan Securities LLC, Deutsche Bank Securities Inc., Morgan Stanley & Co. LLC, Scotia Capital (USA) Inc. and Wells Fargo Securities, LLC are acting as joint book-running managers for the offering.
This news release is neither an offer to sell nor a solicitation of an offer to buy any of these securities and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale is unlawful.
An automatic shelf registration statement relating to the notes was previously filed with the Securities and Exchange Commission (the “SEC”) and became effective upon filing. Before you invest, you should read the prospectus in the registration statement and other documents Williams has filed with the SEC for more complete information about Williams and the offering.
A copy of the prospectus supplement and prospectus relating to the offering may be obtained on the SEC website at www.sec.gov or from any of the underwriters by contacting:
J.P. Morgan Securities LLC
383 Madison Avenue
New York, NY 10179
Attention: Investment Grade Syndicate Desk
Collect at (212) 834-4533
Deutsche Bank Securities Inc.
60 Wall Street,
New York, New York 10005,
Attn.: Debt Capital Markets,
phone no. (800) 503-4611
c/o 60 Wall Street, 36th Floor
New York, New York 10005,
Attn.: General Counsel
fax no. (646) 374-1071
Morgan Stanley & Co. LLC
180 Varick Street
New York, New York 10014
Attention: Prospectus Department
Toll-Free: (866) 718-1649
prospectus@morganstanley.com
Scotia Capital (USA) Inc.
250 Vesey Street
New York, New York 10281
Toll-Free: 1-800-372-3930
Wells Fargo Securities, LLC
608 2nd Avenue South, Suite 1000
Minneapolis, MN 55402
Attn: WFS Customer Service
Email: wfscustomerservice@wellsfargo.com
Toll-Free: 1-800-645-3751
Source: Business Wire
