Williams, Tulsa, Okla., (NYSE: WMB) says it has completed a $600 million private offering of senior notes.
The notes, which are due in 2020, were priced with an 8.75% coupon and at 99.159% to par with a yield to investors of 8.875%.
Williams says it will use the net proceeds for general corporate purposes, including improving company liquidity and funding capital expenditures.
Williams' operations are concentrated in the Pacific Northwest, Rocky Mountains, Gulf Coast and Eastern Seaboard.
Marketed: FX Energy Group 6-Well Package
2023-03-29 - FX Energy Group LLC retained EnergyNet for a 6-well package plus 2,042.46 Net HBP leasehold acres in Hartley and Oldham Counties, TX.
A&D Minute: International Players Take Interest in US Shale [WATCH]
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Marketed: BASA PetroFund Management Non-operated East Texas Divestiture
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Energy A&D Transactions from the Week of March 29, 2023
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Marketed: Maverick Natural Resources Permian Basin Opportunity
2023-03-29 - Maverick Natural Resources LLC retained EnergyNet for a Permian Basin opportunity of Turner Gregory Unit and Ellett A-6 (Operations and ORRI) plus 3,292.09 Net HBP in Mitchell County, Texas.