Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers W > Headlines for Williams Partners LP > News item |
Williams Partners to use note proceeds to repay credit facility debt
By Ashley Montgomery
Kansas City, Kan., Nov. 14 - Williams Partners LP said that it would use the proceeds of its offering of $500 million principal amount of senior notes to repay its credit facility, as well as for general partnership purposes.
As of Nov. 11, the company said, it had $400 million in borrowings under the credit facility. The company expects net proceeds from the senior notes offering to total $496 million.
Williams is a Tulsa, Okla.-based natural gas company.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.