Oneok to sell fixed-rate notes in three parts via four bookrunners

By Devika Patel

Knoxville, Tenn., March 5 – Oneok Inc. intends to offer dollar-denominated fixed-rate notes in three parts, according a 424B5 filing with the Securities and Exchange Commission.

The notes are due in 2025, 2030 and 2050.

The notes will have a make-whole call until the par call date and then are callable at par. The par call date will be one month prior to maturity for the 2025 notes, three months prior to maturity for the 2030 notes and six months prior to maturity for the 2050 notes.

Barclays, Deutsche Bank Securities Inc., Mizuho Securities USA Inc. and TD Securities (USA) LLC are the joint bookrunners.

Proceeds will be used to repay commercial paper and for general corporate purposes.

The natural gas company is based in Tulsa, Okla.

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