debt
confidence high
sentiment neutral
materiality 0.55
ONE Gas issues $375M 5.45% Senior Notes due 2036; proceeds to repay debt
ONE Gas, Inc.
- Issued $375M aggregate principal of 5.45% Senior Notes due 2036; offering closed Aug 13, 2026.
- Net proceeds to repay $250M unsecured term loan and outstanding commercial paper, plus general corporate purposes.
- Underwriting agreement with BofA Securities, RBC Capital Markets, and Truist Securities as representatives.
- Notes governed by new indenture with U.S. Bank Trust Company as trustee; registered on Form S-3 shelf.