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Williams Partners LP Prices Public Offering of Common Units


Friday, 2 Aug 2013 09:08am EDT 

Williams Partners LP announced that it priced a public offering of 21,500,000 common units representing limited-partner interests at $49.00 per unit. The offering is expected to close on August 7, 2013. Williams Partners also granted the underwriters a 30-day option to purchase up to an additional 3,225,000 common units. Williams Partners plans to use the net proceeds from the offering to repay amounts outstanding under the partnership's commercial paper program, to fund capital expenditures and for general partnership purposes.