The energy infrastructure company plans to use the proceeds to repay commercial paper and fund capital expenditures.
Williams priced a public offering of $2.75 billion in senior notes across four distinct tranches. The transaction is scheduled to settle on September 10, 2026, subject to customary closing conditions.
The offering includes $500 million of 5.000% senior notes due 2029 priced at 99.931% of par, and $1.0 billion of 5.600% senior notes due 2033 priced at 99.999% of par. Williams also priced $750 million of 5.800% senior notes due 2036 at 99.819% of par, along with $500 million of 6.400% senior notes due 2056 at 99.800% of par.
Williams plans to use the net proceeds to repay its outstanding commercial paper. Remaining funds will support general corporate purposes, including capital expenditures.
Citigroup Global Markets Inc., Mizuho Securities USA LLC, Morgan Stanley & Co. LLC, and SMBC Nikko Securities America, Inc. served as joint book-running managers for the debt sale.
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