Williams Prices $1.5 Billion of Senior Notes
January 06 2025 - 8:00PM
Business Wire
Williams (NYSE: WMB) announced today that it has priced a public
offering of $1.0 billion of its 5.600% Senior Notes due 2035 at a
price of 99.843 percent of par and $500 million of its 6.000%
Senior Notes due 2055 at a price of 99.330 percent of par. The
expected settlement date for the offering is January 9, 2025,
subject to the satisfaction of customary closing conditions.
Williams intends to use the net proceeds of the offering to
repay its commercial paper, near-term debt maturities and for other
general corporate purposes.
Deutsche Bank Securities Inc., J.P. Morgan Securities LLC,
Mizuho Securities USA LLC and Morgan Stanley & Co. 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:
Deutsche Bank Securities Inc. 1 Columbus Circle New York, New
York 10019 Attention: Prospectus Group Email:
Prospectus.Ops@db.com
J.P. Morgan Securities LLC 383 Madison Ave New York, New York
10179 Attention: Investment Grade Syndicate Desk Phone: (212)
834-4533
Mizuho Securities USA LLC 1271 Avenue of the Americas New York,
New York 10020 Toll-free: 1-866-271-7403
Morgan Stanley & Co. LLC 1585 Broadway New York, New York
10036
About Williams
Williams (NYSE: WMB) is a trusted energy industry leader
committed to safely, reliably, and responsibly meeting growing
energy demand. We use our 33,000-mile pipeline infrastructure to
move a third of the nation’s natural gas to where it's needed most,
supplying the energy used to heat our homes, cook our food and
generate low-carbon electricity. For over a century, we’ve been
driven by a passion for doing things the right way. Today, our team
of problem solvers is leading the charge into the clean energy
future – by powering the global economy while delivering immediate
emissions reductions within our natural gas network and investing
in new energy technologies.
Portions of this document may constitute “forward-looking
statements” as defined by federal law. Although Williams believes
any such statements are based on reasonable assumptions, there is
no assurance that actual outcomes will not be materially different.
Any such statements are made in reliance on the “safe harbor”
protections provided under the Private Securities Reform Act of
1995. Additional information about issues that could lead to
material changes in performance is contained in Williams’ annual
and quarterly reports filed with the SEC.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20250106229864/en/
MEDIA: media@williams.com (800) 945-8723
INVESTOR CONTACTS: Danilo Juvane (918) 573-5075
Caroline Sardella (918) 230-9992
Williams Companies (NYSE:WMB)
Historical Stock Chart
From Dec 2024 to Jan 2025
Williams Companies (NYSE:WMB)
Historical Stock Chart
From Jan 2024 to Jan 2025