ONEOK INC /NEW/ (OKE): debt financing — ONEOK closes $3.0B note offering; proceeds to repay commercial paper, 2025 notes

ONEOK INC /NEW/

Issued $750M 4.950% notes due 2032, $1.0B 5.400% notes due 2035, and $1.25B 6.250% notes due 2055.
Net proceeds of ~$2.959B after underwriting discounts and estimated expenses.
Proceeds to repay all outstanding commercial paper and senior notes maturing Sep 15, 2025.
Remaining net proceeds for general corporate purposes, including possible debt repurchase or redemption.
Notes guaranteed by ONEOK Partners, Magellan, EnLink Midstream Partners, and other subsidiaries.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

ONEOK INC /NEW/ incurred senior notes of $750 million aggregate principal amount of its 4.950% notes due 2032 at 4.950% maturing due 2032.

Instrument: senior notes
Principal: $750 million aggregate principal amount of its 4.950% notes due 2032
Rate: 4.950%
Maturity: due 2032
Event: incurrence

Exact text from the filing

completed its previously announced underwritten public offering (the “Offering”) of $750 million aggregate principal amount of its 4.950% notes due 2032

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312 debt financings filed in the last 30 days. Browse all debt financings →

ONEOK INC /NEW/ filing history →

Source: SEC EDGAR

accession 0001193125-25-179986

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