debt
confidence high
sentiment neutral
materiality 0.50
Williams prices $1.5B of senior notes across three tranches
WILLIAMS COMPANIES, INC.
- $450M 4.800% notes due 2029 priced at 99.810% of par.
- $300M 5.150% notes due 2034 priced at 99.037% of par; added to $1.0B existing notes -> $1.3B total outstanding.
- $750M 5.800% notes due 2054 priced at 99.784% of par.
- Expected close Aug 13, 2024; proceeds to repay commercial paper, fund capex, and general corporate purposes.
- Joint book-running managers: BofA Securities, PNC Capital Markets, RBC Capital Markets, SMBC Nikko.