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Williams Partners LP completes $1.5 bln offering of senior notes

Tuesday, 4 Mar 2014 04:05pm EST 

Williams Partners LP:Completes a public offering of $1 bln of its 4.3pct senior notes due 2024 at a price of 99.791pct of par and $500 mln of its 5.4pct senior notes due 2044 at a price of 99.676pct of par.Net proceeds will be used to repay amounts outstanding under the partnership's commercial paper program, to fund capital expenditures and for general partnership purposes.BofA Merrill Lynch, Deutsche Bank Securities and RBC Capital Markets acted as joint book-running managers for the offering. 

Company Quote

1.89 +4.49%
17 Dec 2014