Williams prices $2.75 billion in senior notes due between 2029 and 2056
Get Alerts WMB Hot Sheet
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 2.9%
Revenue Growth %: +3.1%
Join SI Premium – FREE
Williams (NYSE: WMB) has priced a public offering of $2.75 billion in senior notes across four tranches, according to a press release from the Tulsa, Oklahoma-based company.
The offering includes $500 million of 5.000% Senior Notes due 2029 at 99.931% of par, $1.0 billion of 5.600% Senior Notes due 2033 at 99.999% of par, $750 million of 5.800% Senior Notes due 2036 at 99.819% of par, and $500 million of 6.400% Senior Notes due 2056 at 99.800% of par.
The expected settlement date is September 10, 2026, subject to customary closing conditions.
Williams said it intends to use the net proceeds to repay outstanding commercial paper and for general corporate purposes, including funding capital expenditures.
Citigroup Global Markets Inc., Mizuho Securities USA LLC, Morgan Stanley & Co. LLC, and SMBC Nikko Securities America, Inc. are serving as joint book-running managers for the offering.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Iambic Therapeutics (IAM) files for proposed IPO
- Brookfield prices $600M senior notes at 5.65% due 2031
- Wabtec signs $700M rail services deal for Guinea mining project
Create E-mail Alert Related Categories
Corporate NewsRelated Entities
Citi, Morgan Stanley, Maynard Um, Mark Zuckerberg, ARK, MizuhoSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share