FX.co ★ Williams Prices $1.5 Bln Of Senior Notes To Repay Debt And Fund Corporate Purposes

Williams (WMB) has announced the pricing of a public offering of senior notes. The offering includes $1.0 billion in 5.600% Senior Notes due in 2035, priced at 99.843% of par value, and $500 million in 6.000% Senior Notes due in 2055, priced at 99.330% of par. The settlement date for this offering is anticipated to be January 9, 2025. Williams intends to utilize the net proceeds from this offering to repay its commercial paper and address upcoming debt maturities, as well as for other general corporate purposes.