debt
confidence high
sentiment neutral
materiality 0.60
Williams prices $2.1B of senior notes in two tranches (4.900% due 2029, 5.150% due 2034)
WILLIAMS COMPANIES, INC.
- $1.1B 4.900% Senior Notes due 2029 priced at 99.839% of par; $1.0B 5.150% Senior Notes due 2034 at 99.975% of par.
- Net proceeds to be used for general corporate purposes, including repayment of commercial paper or near-term debt maturities.
- Offering expected to close January 5, 2024; underwriters include Barclays, Citigroup, Truist, Wells Fargo.
- Notes issued under indenture with Bank of New York Mellon; legal opinion from Gibson Dunn filed.