Williams Partners L.P. (NYSE: WPZ) today announced that it has priced a
public offering of $750 million of its 3.35-percent senior notes due
2022 at a price of 99.975 percent of par. The expected settlement date
for the offering is Aug. 14.
Williams Partners plans to use the net proceeds from the offering to
repay amounts outstanding under the partnership’s credit facility and
for general partnership purposes.
UBS Securities, Wells Fargo Securities, RBS Securities Inc., RBC Capital
Markets and Credit Agricole Securities (USA) Inc. are acting as joint
book-running managers for the offering.
This news release is neither an offer to sell nor a solicitation of an
offer to buy any of these securities and shall not constitute an offer,
solicitation or sale in any jurisdiction in which such offer,
solicitation or sale is unlawful. A copy of the preliminary prospectus
supplement and related base prospectus may be obtained on the Securities
and Exchange Commission website at www.sec.gov
or from the underwriters by contacting:
UBS Securities LLC
299 Park Avenue
New York, NY 10171
Attention:
Prospectus Specialist
Phone: 877-827-6444, ext. 561 3884
Wells Fargo Securities, LLC
1525 West W.T. Harris Blvd., NC0675,
Charlotte,
NC 28262
Attn: Capital Markets Client Support
Phone:
1-800-326-5897
Email: cmclientsupport@wellsfargo.com
RBS Securities Inc.
600 Washington Boulevard
Stamford, CT,
06901, USA
Attn: Corporate Debt Syndicate
Portions of this document may constitute "forward-looking statements" as
defined by federal law. Although the partnership 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 partnership's annual reports filed with
the SEC.
