Williams Partners LP - 2011-08-10
Description
Transcontinental Gas Pipe Line Company LLC, a wholly owned subsidiary of Williams Partners LP, is offering an expected $375 million aggregate principal amount of senior notes due 2041 to certain institutional investors.
Transco intends to use $300 million of the net proceeds from the offering to repay its $300 million of 7-percent notes due 2011, upon their maturity on Aug. 15. The remainder of the net proceeds will be used for general corporate purposes.