WMB · 8-K · 20260910PR387359
Senior Notes Issuance
WILLIAMS COMPANIES, INC. · 2026-09-10 · Importance 64 · Surprise 42 · No source text
Williams priced $2.75 billion of senior notes: $500 million of 5.000% notes due 2029, $1.0 billion of 5.600% notes due 2033, $750 million of 5.800% notes due 2036, and $500 million of 6.400% notes due 2056. The notes were priced at 99.931%, 99.999%, 99.819%, and 99.800% of par, respectively, with settlement expected September 10, 2026, subject to customary closing conditions. Williams intends to use the net proceeds to repay outstanding commercial paper and for general corporate purposes, including capital expenditures.
Key facts
- Williams priced a public offering totaling $2.75 billion of Senior Notes. source
- Williams priced $500 million of 5.000% Senior Notes due 2029 at 99.931% of par. source
- Williams priced $1.0 billion of 5.600% Senior Notes due 2033 at 99.999% of par. source
- Williams priced $750 million of 5.800% Senior Notes due 2036 at 99.819% of par. source
- Williams priced $500 million of 6.400% Senior Notes due 2056 at 99.800% of par. source
- The offering is expected to settle on September 10, 2026, subject to customary closing conditions. source
- Williams intends to use the offering's net proceeds to repay outstanding commercial paper and for other general corporate purposes, including funding capital expenditures. source
- Williams previously filed an automatic shelf registration statement relating to the notes with the SEC, and it became effective upon filing. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| net_income | negative | probable | -0.9% | Williams priced $1.0 billion of 5.600% Senior Notes due 2033 at 99.999% of par. |
| net_income | negative | probable | -0.7% | Williams priced $750 million of 5.800% Senior Notes due 2036 at 99.819% of par. |
| net_income | negative | probable | -0.5% | Williams priced $500 million of 6.400% Senior Notes due 2056 at 99.800% of par. |
| net_income | negative | probable | -0.4% | Williams priced $500 million of 5.000% Senior Notes due 2029 at 99.931% of par. |
| liability | negative | probable | — | Williams priced a public offering totaling $2.75 billion of Senior Notes. |
| cash | positive | probable | — | Williams priced a public offering totaling $2.75 billion of Senior Notes. |