The Williams Companies, Inc. has priced a public offering of senior notes totaling $2.75 billion, according to a press release filed with the SEC on September 8, 2026. The offering consists of four separate tranches of debt, each with varying maturity dates and interest rates.
The first tranche is $500 million of 5.000% Senior Notes due 2029, priced at 99.931 percent of par value. The second tranche is $1.0 billion of 5.600% Senior Notes due 2033, priced at 99.999 percent of par. The third tranche is $750 million of 5.800% Senior Notes due 2036, priced at 99.819 percent of par. The final tranche is $500 million of 6.400% Senior Notes due 2056, priced at 99.800 percent of par.
The offering is expected to settle on September 10, 2026, subject to customary closing conditions. The net proceeds from the sale of the notes will be used to repay outstanding commercial paper and for other general corporate purposes, including funding capital expenditures.
Citigroup Global Markets Inc., Mizuho Securities USA LLC, Morgan Stanley & Co. LLC, and SMBC Nikko Securities America, Inc. are serving as joint book-running managers for the transaction.
