Williams Partners prices $1.25B of senior notes

Williams Partners LP

Williams Partners LP (NYSE: WPZ) has priced a public offering of $750 million of its 3.90 senior notes due January 2025 at a price of 99.690% of par, and $500 million of its 4.90% senior notes due January 2045 at a price of 99.229% of par. The expected settlement date for the offering is June 27.

Williams Partners plans to use the net proceeds from the offering to repay amounts outstanding under the partnership’s commercial paper program, to fund capital expenditures, and for general partnership purposes.

Credit Agricole Securities (USA) Inc., JP Morgan Securities LLC, and RBS Securities Inc. are acting as joint book-running managers for the offering.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...