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Williams Partners LP (WPZ.N)

WPZ.N on New York Stock Exchange

40.75USD
21 Apr 2017
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Latest Key Developments (Source: Significant Developments)

Northwest Pipeline LLC prices private debt issuance
Wednesday, 29 Mar 2017 05:00pm EDT 

Northwest Pipeline LLC : Northwest Pipeline LLC - $250 million in aggregate principal amount of senior notes due 2027, scheduled to be delivered on April 3, 2017 . Northwest Pipeline LLC prices private debt issuance . Northwest Pipeline LLC- senior notes were priced with a 4.000 percent coupon and at an offering price of 99.641 percent of par .Northwest Pipeline LLC- Northwest intends to use net proceeds from offering to repay $185 million of 5.95% senior notes due 2017 upon maturity on April 15, 2017.  Full Article

Williams Partners says cfo to retire in late 2017
Friday, 10 Mar 2017 09:10am EST 

Williams Partners Lp : Williams Partners Lp- Donald R. Chappel, chief financial officer of co to retire targeting late 2017 .Williams Partners Lp- Williams is initiating a search process to identify Chappel's successor - sec filing.  Full Article

Williams Companies says board of directors approves regular dividend of $0.30 per share
Tuesday, 21 Feb 2017 08:50am EST 

Williams Companies Inc : Williams Companies Inc says board of directors has approved a regular dividend of $0.30 per share .Williams companies inc - new amount is a 50 percent increase from williams' previous quarterly dividend of $0.20 per share.  Full Article

Williams partners receives FERC certificate authorizing Atlantic Sunrise project
Friday, 3 Feb 2017 05:10pm EST 

Williams Partners LP : Williams Partners receives ferc certificate authorizing atlantic sunrise project .Williams Partners anticipates beginning construction on mainline portion of project facilities in mid-2017.  Full Article

Williams Partners announces redemption of 6.125 pct senior notes due 2022
Wednesday, 25 Jan 2017 08:00am EST 

Williams Partners LP : Williams Partners announces redemption of 6.125% senior notes due 2022 .Williams Partners LP - Issuers will redeem all of outstanding notes for cash on Feb. 23, 2017.  Full Article

Williams prices public offering of common stock
Monday, 9 Jan 2017 11:15pm EST 

Williams Companies Inc : Williams prices public offering of common stock .Priced a public offering of 65 million shares of Williams common stock at $29.00 per share.  Full Article

Williams Companies says has commenced underwritten public offering of 65 mln shares of williams common stock
Monday, 9 Jan 2017 04:45pm EST 

Williams Companies Inc : Williams announces proposed offering of common stock . Williams Companies Inc says has commenced an underwritten public offering of 65 million shares of Williams common stock .Williams Companies Inc - intends to use net proceeds of offering to purchase newly issued common units in co's subsidiary, Williams Partners L.P.  Full Article

Williams and Williams Partners announce financial repositioning
Monday, 9 Jan 2017 04:03pm EST 

Williams Partners Lp - : Williams and Williams Partners announce financial repositioning for long-term, sustainable growth . Williams and Williams Partners to reset payouts . Williams Partners' quarterly distribution for quarter ending March 31, 2017 expected to be reduced to $0.60 per unit . Says to permanently waive incentive distribution rights . Williams' quarterly dividend to be paid in March 2017 expected to be increased to $0.30 per share . Expects to purchase additional newly issued units of Williams Partners in a private placement . Williams expects to fund unit purchase with equity . Expects to discontinue participation in Williams Partners' drip program, upon successful completion of deals, asset monetizations . Expects to purchase newly issued common units of Williams Partners at a price of $36.08586 per unit . Dividend coverage ratio at Williams will be approximately 1.3x in 2017, with continued coverage in excess of 1.1x thereafter . Williams has identified other select assets that do not support company's clear strategy .For Williams Partners, sees FY 2017 net income $1.7 billion.  Full Article

Williams partners qtrly net income per common unit $0.42
Monday, 31 Oct 2016 06:45am EDT 

Williams Partners LP : Qtrly net income per common unit $0.42 .Williams Partners reports strong third-quarter 2016 financial results.  Full Article

Williams Partners announces process to explore monetization of Geismar Olefins facility
Tuesday, 6 Sep 2016 08:00am EDT 

Williams Partners Lp : Williams Partners announces process to explore monetization of Geismar Olefins facility . Currently holds an approximate 88.5 percent undivided ownership interest in Geismar Olefins plant . Process may result in a sale or a long-term, fee-for-service tolling agreement .If process results in a sale, Williams Partners would expect to use a portion of proceeds to reduce debt.  Full Article

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