Williams announced it has priced a public offering of $1.5 billion in senior notes.
The Tulsa-based pipeline firm said it intends to use the net proceeds of the offering to repay its near-term debt maturities and for other general corporate purposes.
The offering includes $750 million of the company’s 4.625% Senior Notes due 2030 at a price of 99.920 percent of par. It also includes an offering of $750 million of its 5.300% Senior Notes due 2035 at a price of 99.634 percent of par. The expected settlement date for the offering is June 30, 2025, subject to the satisfaction of customary closing conditions.
Barclays Capital Inc., Citigroup Global Markets Inc., MUFG Securities Americas Inc. and Scotia Capital (USA) Inc. are acting as joint book-running managers for 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:
Barclays Capital Inc.
c/o Broadridge Financial Solutions
1155 Long Island Avenue
Edgewood, NY 11717
Tel: (888) 603-5847
Email: barclaysprospectus@broadridge.com
Citigroup Global Markets Inc.
c/o Broadridge Financial Solutions
1155 Long Island Avenue
Edgewood, NY 11717
Tel: (800) 831-9146
Email: prospectus@citi.com
MUFG Securities Americas Inc.
1221 Avenue of the Americas, 6th Floor
New York, NY 10020
Attention: Capital Markets Group
Tel: (877) 649-6848
Scotia Capital (USA) Inc.
250 Vesey Street
New York, NY 10281
Email: TAG@scotiabank.com; US.Legal@scotiabank.com
