Northwest Pipeline LLC
Description
Has priced an offering of $250 million of its 4% senior notes due 2027 through an add-on to its existing issue. The $250 million in aggregate principal amount of 4% senior notes due 2027, scheduled to be delivered on Aug. 24, 2018, were priced at an offering price of 98.558% of par.
Northwest intends to use the net proceeds from the offering to repay the intercompany debt owed to Williams in connection with the repayment of Northwest’s 6.05% senior notes at their maturity on June 15, 2018 and any excess net proceeds will be used for general corporate purposes.