{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-23-070995","form_type":"8-K","ticker":"OKE","cik":"0001039684","company_name":"ONEOK INC /NEW/","filed_at":"2023-08-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.981506+00:00","generated_at":"2026-06-11T03:17:58.774193+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"ONEOK issues $5.25B in notes to fund Magellan merger; terminates bridge loan","bullets":["Issued $5.25B aggregate principal across five tranches: 5.55% notes due 2026, 5.65% due 2028, 5.80% due 2030, 6.05% due 2033, 6.625% due 2053.","Net proceeds of ~$5.2B will fund cash consideration for previously announced merger with Magellan Midstream Partners.","Terminated $5.25B bridge loan commitments from Goldman Sachs Bank USA that were originally obtained to finance the merger.","Special mandatory redemption at 101% if merger not completed by May 14, 2024 or if Merger Agreement terminated.","Notes are guaranteed by ONEOK Partners and ONEOK Partners Intermediate Limited Partnership."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-23-070995","json":"https://secwatch.observer/filing/0001213900-23-070995.json","markdown":"https://secwatch.observer/filing/0001213900-23-070995.md","text":"https://secwatch.observer/filing/0001213900-23-070995.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1039684/000121390023070995/0001213900-23-070995-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1039684/000121390023070995/ea184185-8k_oneok.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T03:17:58.774193+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"43ff8d08b060ddfefff6ab7cf922074cf9fab24f","claim":"ONEOK INC /NEW/ incurred senior notes of $1.75 billion aggregate principal amount of its 6.625% notes due 2053 with Public at 6.625% maturing 2053.","evidence_excerpt":"On August 24, 2023 (the “Closing Date”), ONEOK, Inc. (“ONEOK”) completed its previously announced underwritten public offering (the “Offering”) of $750 million aggregate principal amount of its 5.550% notes due 2026 (the “2026 Notes”), $750 million aggregate principal amount of its 5.650% notes due 2028 (the “2028 Notes”), $500 million aggregate principal amount of its 5.800% notes due 2030 (the “2030 Notes”), $1.50 billion aggregate principal amount of its 6.050% notes due 2033 (the “2033 Notes”), and $1.75 billion aggregate principal amount of its 6.625% notes due 2053 (the “2053 Notes” and together with the 2026 Notes, the 2028 Notes, the 2030 Notes and the 2033 Notes, the “Notes”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1039684/000121390023070995/0001213900-23-070995-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$1.75 billion aggregate principal amount of its 6.625% notes due 2053"},{"label":"Counterparty","value":"Public"},{"label":"Rate","value":"6.625%"},{"label":"Maturity","value":"2053"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"6d5654e03a6b220c333dd9f51cd461953c0c0d52","claim":"ONEOK INC /NEW/ incurred senior notes of $750 million aggregate principal amount of its 5.550% notes due 2026 with Public at 5.550% maturing 2026.","evidence_excerpt":"On August 24, 2023 (the “Closing Date”), ONEOK, Inc. (“ONEOK”) completed its previously announced underwritten public offering (the “Offering”) of $750 million aggregate principal amount of its 5.550% notes due 2026 (the “2026 Notes”), $750 million aggregate principal amount of its 5.650% notes due 2028 (the “2028 Notes”), $500 million aggregate principal amount of its 5.800% notes due 2030 (the “2030 Notes”), $1.50 billion aggregate principal amount of its 6.050% notes due 2033 (the “2033 Notes”), and $1.75 billion aggregate principal amount of its 6.625% notes due 2053 (the “2053 Notes” and together with the 2026 Notes, the 2028 Notes, the 2030 Notes and the 2033 Notes, the “Notes”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1039684/000121390023070995/0001213900-23-070995-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$750 million aggregate principal amount of its 5.550% notes due 2026"},{"label":"Counterparty","value":"Public"},{"label":"Rate","value":"5.550%"},{"label":"Maturity","value":"2026"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"7c2a5e04dacf73ebfd173394175b659edff811fd","claim":"ONEOK INC /NEW/ incurred senior notes of $750 million aggregate principal amount of its 5.650% notes due 2028 with Public at 5.650% maturing 2028.","evidence_excerpt":"On August 24, 2023 (the “Closing Date”), ONEOK, Inc. (“ONEOK”) completed its previously announced underwritten public offering (the “Offering”) of $750 million aggregate principal amount of its 5.550% notes due 2026 (the “2026 Notes”), $750 million aggregate principal amount of its 5.650% notes due 2028 (the “2028 Notes”), $500 million aggregate principal amount of its 5.800% notes due 2030 (the “2030 Notes”), $1.50 billion aggregate principal amount of its 6.050% notes due 2033 (the “2033 Notes”), and $1.75 billion aggregate principal amount of its 6.625% notes due 2053 (the “2053 Notes” and together with the 2026 Notes, the 2028 Notes, the 2030 Notes and the 2033 Notes, the “Notes”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1039684/000121390023070995/0001213900-23-070995-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$750 million aggregate principal amount of its 5.650% notes due 2028"},{"label":"Counterparty","value":"Public"},{"label":"Rate","value":"5.650%"},{"label":"Maturity","value":"2028"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"c6b82b635bda009b508672a923d6d0caf0f2abac","claim":"ONEOK INC /NEW/ incurred senior notes of $500 million aggregate principal amount of its 5.800% notes due 2030 with Public at 5.800% maturing 2030.","evidence_excerpt":"On August 24, 2023 (the “Closing Date”), ONEOK, Inc. (“ONEOK”) completed its previously announced underwritten public offering (the “Offering”) of $750 million aggregate principal amount of its 5.550% notes due 2026 (the “2026 Notes”), $750 million aggregate principal amount of its 5.650% notes due 2028 (the “2028 Notes”), $500 million aggregate principal amount of its 5.800% notes due 2030 (the “2030 Notes”), $1.50 billion aggregate principal amount of its 6.050% notes due 2033 (the “2033 Notes”), and $1.75 billion aggregate principal amount of its 6.625% notes due 2053 (the “2053 Notes” and together with the 2026 Notes, the 2028 Notes, the 2030 Notes and the 2033 Notes, the “Notes”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1039684/000121390023070995/0001213900-23-070995-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$500 million aggregate principal amount of its 5.800% notes due 2030"},{"label":"Counterparty","value":"Public"},{"label":"Rate","value":"5.800%"},{"label":"Maturity","value":"2030"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"f061c091036f001ce33acba8b389d81ae818bb68","claim":"ONEOK INC /NEW/ incurred senior notes of $1.50 billion aggregate principal amount of its 6.050% notes due 2033 with Public at 6.050% maturing 2033.","evidence_excerpt":"On August 24, 2023 (the “Closing Date”), ONEOK, Inc. (“ONEOK”) completed its previously announced underwritten public offering (the “Offering”) of $750 million aggregate principal amount of its 5.550% notes due 2026 (the “2026 Notes”), $750 million aggregate principal amount of its 5.650% notes due 2028 (the “2028 Notes”), $500 million aggregate principal amount of its 5.800% notes due 2030 (the “2030 Notes”), $1.50 billion aggregate principal amount of its 6.050% notes due 2033 (the “2033 Notes”), and $1.75 billion aggregate principal amount of its 6.625% notes due 2053 (the “2053 Notes” and together with the 2026 Notes, the 2028 Notes, the 2030 Notes and the 2033 Notes, the “Notes”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1039684/000121390023070995/0001213900-23-070995-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$1.50 billion aggregate principal amount of its 6.050% notes due 2033"},{"label":"Counterparty","value":"Public"},{"label":"Rate","value":"6.050%"},{"label":"Maturity","value":"2033"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}