A large senior note offering totaling nearly $2 billion was recently announced by Williams Companies in Tulsa.
The public offering included $500 million of its 5.000% Senior Notes due 2029 at a price of 99.931 percent of par. Another part of the offering included $1 billion of $1.0 billion of its 5.600% Senior Notes due 2033 at a price of 99.999 percent of par. There were also offerings of $750 million of its 5.800% Senior Notes due 2036 at a price of 99.819 percent of par, and $500 million of its 6.400% Senior Notes due 2056 at a price of 99.800 percent of par.
The expected settlement date for the offering was September 10, 2026, subject to the satisfaction of customary closing conditions.
Williams intends to use the net proceeds of the offering to repay its outstanding commercial paper and for other 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 acting as joint book-running managers for the offering.
