Williams (NYSE: WMB) has announced the pricing of a public offering of $750 million of its 4.625% senior notes due 2030 at a price of 99.920 percent of par, and $750 million of its 5.300% senior notes due 2035 at a price of 99.634 percent of par. The expected settlement date for the offering is June 30, 2025.
The company intends to use the net proceeds of the offering to repay its near-term debt maturities and for other general corporate purposes.
Barclays Capital Inc., Citigroup Global Markets Inc., MUFG Securities Americas Inc., and Scotia Capital (USA) Inc. are acting as joint book-running managers for the offering.
Williams (NYSE: WMB) is a leading energy industry player with a 33,000-mile pipeline infrastructure that moves a third of the nation's natural gas to where it's needed most. The company is committed to meeting growing energy demand safely, reliably, and responsibly.
No further details were provided in the press release. Today the company's shares have moved -0.32% to a price of $62.67. Check out the company's full 8-K submission here.