Williams’ pipeline subsidiary offers notes for sale


Transcontinental Gas Pipe Line Company, LLC , a wholly owned subsidiary of Williams  announced Wednesday that it is offering senior notes to certain institutional investors.

The notes will be offered pursuant to certain exemptions from registration under the Securities Act of 1933, as amended (the “Securities Act”).

Transco intends to use the net proceeds from the offering for general corporate purposes, including the funding of capital expenditures.

The offering of the notes has not been registered under the Securities Act or applicable state securities laws. The notes may not be offered or sold in the United States absent registration or an applicable exemption from such registration requirements.

Source: Business Wire