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Midstream giant Williams announced the pricing for $2.1 billion of senior notes, the company said in a Jan. 2 press release.
Williams intends to use the net proceeds of the offering for general corporate purposes, including repayment of outstanding commercial paper notes or other near-term debt maturities.
Williams priced the public offering of $1.1 billion of its 4.9% senior notes, due in 2029, at a price of 99.839% of par; and $1 billion of its 5.150% senior notes due in 2034 at a price of 99.975% of par, the release said.
The expected settlement date for the offering is Jan. 5, subject to the satisfaction of customary closing conditions.
Barclays Capital Inc., Citigroup Global Markets Inc., Truist Securities Inc. and Wells Fargo Securities LLC are acting as joint book-running managers for the offering.
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