
Williams announced on Feb. 27 that it has priced a public offering totaling $1.5 billion of senior notes. (Source: Shutterstock)
Williams Companies Inc. is publicly offering $750 million of its 5.4% senior notes due 2026 at 99.907% of par and $750 million of its 5.65% senior notes due 2023 at 99.901% of par, according to a Feb. 27 press release.
Net proceeds from the offering will be used for the repayment of outstanding commercial paper notes and near-term debt maturities, among other corporate purposes.
The joint book-running managers for the offering are Deutsche Bank Securities Inc., J.P. Morgan Securities LLC, Mizuho Securities USA LLC and Morgan Stanley & Co. LLC.
The expected settlement for the offering is March 2, subject to customary closing conditions.
Recommended Reading
Expand’s Dell'Osso: E&Ps Show ‘Unusual’ Discipline with $4 NatGas Strip
2025-04-27 - Haynesville Shale’s largest gas producers are displaying restraint with a $4/Mcf forward curve. “That’s really unusual,” said Expand Energy CEO Nick Dell’Osso.
US Oil, Gas Rig Count Falls to Lowest Since January
2025-05-09 - The oil and gas rig count fell by six to 578 in the week to May 9. Baker Hughes said this week's decline puts the total rig count down 25, or 4% below this time last year.
US Drillers Add Oil, Gas Rigs for First Time in Four Weeks
2025-04-18 - The oil and gas rig count rose by two to 585 in the week to April 17. Despite this week's rig increase, Baker Hughes said the total count was still down 34 rigs, or 5% below this time last year.
Sabine Oil & Gas to Add 4th Haynesville Rig as Gas Prices Rise
2025-03-19 - Sabine, owned by Japanese firm Osaka Oil & Gas, will add a fourth rig on its East Texas leasehold next month, President and CEO Carl Isaac said.
US Oil Rig Count Rises to Highest Since June
2025-04-04 - Baker Hughes said oil rigs rose by five to 489 this week, their highest since June, while gas rigs fell by seven, the most in a week since May 2023, to 96, their lowest since September.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.