News Column

United States : Williams Completes $1.9 Billion Offering of Senior Notes

June 27, 2014



Williams today announced that it has completed a public offering of $1.25 billion of its 4.55 percent senior notes due 2024at a price of 99.738 percent of par and $650 million of its 5.75 percent senior notes due 2044at a price of 99.773 percent of par.

Williams intends to use the net proceeds from the offering to finance a portion of its acquisition of the 50 percent general partner interest and 55.1 million limited partner units in Access Midstream Partners, L.P. held by certain Global Infrastructure Partners funds that was previously announced on June 15, 2014.

Barclays, Citigroup and UBS Investment Bank acted 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.


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Source: TendersInfo (India)


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