debt
confidence high
sentiment neutral
materiality 0.50
Williams Companies issues $1.5B of senior notes in three tranches
WILLIAMS COMPANIES, INC.
- Issued $450M 4.800% notes due 2029, $300M 5.150% notes due 2034 (additional), and $750M 5.800% notes due 2054.
- The new 2034 notes are an additional issuance of the $1.0B notes issued January 2024 and will trade interchangeably.
- Interest payable semi-annually; notes are senior unsecured obligations ranking equally with other senior debt.
- Company may redeem notes at make-whole premium before certain dates starting Oct 2029, Dec 2033, May 2054.