TULSA, Okla., Aug. 3 /PRNewswire-FirstCall/ -- Williams (NYSE: WMB) announced today that it has extended its offer to exchange all of its privately placed outstanding 8.75-percent senior notes due 2020 for newly registered 8.75-percent senior notes due 2020 until 5 p.m. Eastern Daylight Time on Monday, Aug. 3, 2009. The offer was previously scheduled to expire at 5 p.m. EDT on July 31, 2009.
As of 5 p.m. EDT time on Friday, July 31, 2009, holders of $597,655,000 aggregate principal amount of the outstanding notes (constituting approximately 99.61 percent of the principal amount of the outstanding notes) have delivered valid tenders or notices of guaranteed delivery pursuant to the offer. Except as set forth herein, the terms and conditions of the offer remain unchanged. Williams may further extend the expiration date of the offer in its sole discretion.
The offer is being made pursuant to a prospectus dated July 2, 2009. Copies of the exchange offer prospectus and related transmittal materials governing the exchange offer are available from the exchange agent for the offer, The Bank of New York Mellon Trust Company, N.A., at:
Bank of New York Mellon Corporation
Corporate Trust Operations
Reorganization Unit
101 Barclay Street - 7 East
New York, New York 10286
Attention: Mr. Randolph Holder
(212) 815-5098
This press release does not constitute an offer to sell or solicitation of an offer to buy such securities.
About Williams (NYSE: WMB)
Williams, through its subsidiaries, finds, produces, gathers, processes and transports natural gas. Williams' operations are concentrated in the Pacific Northwest, Rocky Mountains, Gulf Coast, and Eastern Seaboard. More information is available at http://www.williams.com. Go to http://www.b2i.us/irpass.asp?BzID=630&to=ea&s=0 to join our e-mail list.
Contact: Jeff Pounds
Williams (media relations)
(918) 573-3332
Richard George
Williams (investor relations)
(918) 573-3679
Portions of this document may constitute "forward-looking statements" as defined by federal law. Although the company believes any such statements are based on reasonable assumptions, there is no assurance that actual outcomes will not be materially different. Any such statements are made in reliance on the "safe harbor" protections provided under the Private Securities Reform Act of 1995. Additional information about issues that could lead to material changes in performance is contained in the company's annual reports filed with the Securities and Exchange Commission.
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