Williams Companies 8-K

Summary

Williams priced a $2.75B public offering of senior notes in four tranches. Proceeds are intended to repay commercial paper and fund other general corporate purposes, including capital expenditures.

Key Figures

• Principal amount and issue price: $500M of 5.000% notes due 2029 at 99.931% of par; $1.0B of 5.600% notes due 2033 at 99.999%; $750M of 5.800% notes due 2036 at 99.819%; and $500M of 6.400% notes due 2056 at 99.800%.
• Expected settlement: 9/10/2026, subject to customary closing conditions.

Investor Takeaways

• Watch for completion of the offering on the expected settlement date.