debt
confidence high
sentiment neutral
materiality 0.65
Williams issues $1.5B in senior notes: $1.0B at 5.600% due 2035, $500M at 6.000% due 2055
WILLIAMS COMPANIES, INC.
- $1.0B of 5.600% Senior Notes due 2035 and $500M of 6.000% Senior Notes due 2055 issued on January 9, 2025.
- Notes are senior unsecured obligations ranking equally with existing senior indebtedness.
- Interest payable semi-annually on March 15 and September 15, beginning September 15, 2025.
- Redemption provisions: make-whole premium prior to Dec 15, 2034 (2035 notes) and Sept 15, 2054 (2055 notes).
- Indenture includes covenants restricting liens and asset sales, and customary events of default.