Williams Partners prices $1.45B of senior notes

Williams Partners LP (NYSE: WPZ) has priced a public offering of $1.45 billion of its 3.75% senior notes due 2027 at a price of 99.949% of par. The expected settlement date for the offering is June 5, 2017, subject to customary closing conditions.

Williams Partners intends to use the net proceeds of the offering for general partnership purposes, including repayment of its $1.4 billion aggregate principal amount of 4.875% Senior Notes due 2023 or other of its outstanding indebtedness.

BofA Merrill Lynch, Deutsche Bank Securities and RBC Capital Markets are acting as joint book-running managers for the offering.

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