Williams Partners L.P. (NYSE: WPZ) today announced that it has priced a public offering of $750 million of its 3.35-percent senior notes due 2022 at a price of 99.975 percent of par. The expected settlement date for the offering is Aug. 14.
Williams Partners plans to use the net proceeds from the offering to repay amounts outstanding under the partnership’s credit facility and for general partnership purposes.
UBS Securities, Wells Fargo Securities, RBS Securities Inc., RBC Capital Markets and Credit Agricole Securities (USA) Inc. are acting as joint book-running managers for the offering.
This news release is neither an offer to sell nor a solicitation of an offer to buy any of these securities and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale is unlawful. A copy of the preliminary prospectus supplement and related base prospectus may be obtained on the Securities and Exchange Commission website at www.sec.gov or from the underwriters by contacting:UBS Securities LLC299 Park AvenueNew York, NY 10171Attention: Prospectus SpecialistPhone: 877-827-6444, ext. 561 3884 Wells Fargo Securities, LLC1525 West W.T. Harris Blvd., NC0675,Charlotte, NC 28262Attn: Capital Markets Client SupportPhone: 1-800-326-5897Email: firstname.lastname@example.org RBS Securities Inc.600 Washington BoulevardStamford, CT, 06901, USAAttn: Corporate Debt Syndicate Portions of this document may constitute "forward-looking statements" as defined by federal law. Although the partnership believes any such statements are based on reasonable assumptions, there is no assurance that actual outcomes will not be materially different. Any such statements are made in reliance on the "safe harbor" protections provided under the Private Securities Reform Act of 1995. Additional information about issues that could lead to material changes in performance is contained in the partnership's annual reports filed with the SEC.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV