WS Investor
08 Jan 2026, 19:29
Williams announced that it has priced a $2.75 billion public offering of senior notes, strengthening its balance sheet and extending its debt maturity profile. The offering consists of $500 million of 5.650% senior notes due 2033, $1.25 billion of 5.150% senior notes due 2036, and $1.0 billion of 5.950% senior notes due 2056. The expected settlement date is January 8, 2026, subject to customary closing conditions.
The newly issued 2033 notes represent an additional tranche of Williams’ existing 5.650% senior notes originally issued in March 2023, bringing the total outstanding amount of those notes to $1.25 billion. The longer-dated tranches were priced close to par, reflecting solid investor demand across the maturity spectrum.
Williams said it plans to use the net proceeds primarily to repay near-term debt maturities, including its $1.1 billion of 5.400% senior notes due in 2026, as well as for general corporate purposes.
The newly issued 2033 notes represent an additional tranche of Williams’ existing 5.650% senior notes originally issued in March 2023, bringing the total outstanding amount of those notes to $1.25 billion. The longer-dated tranches were priced close to par, reflecting solid investor demand across the maturity spectrum.
Williams said it plans to use the net proceeds primarily to repay near-term debt maturities, including its $1.1 billion of 5.400% senior notes due in 2026, as well as for general corporate purposes.