Williams announced on Feb. 27 that it has priced a public offering totaling $1.5 billion of senior notes. (Source: Shutterstock)
Williams Companies Inc. is publicly offering $750 million of its 5.4% senior notes due 2026 at 99.907% of par and $750 million of its 5.65% senior notes due 2023 at 99.901% of par, according to a Feb. 27 press release.
Net proceeds from the offering will be used for the repayment of outstanding commercial paper notes and near-term debt maturities, among other corporate purposes.
The joint book-running managers for the offering are Deutsche Bank Securities Inc., J.P. Morgan Securities LLC, Mizuho Securities USA LLC and Morgan Stanley & Co. LLC.
The expected settlement for the offering is March 2, subject to customary closing conditions.
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