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ONE Gas Inc. Prices A $1.2 Billion Note Offering

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January 14, 2014

ONE Gas Inc., a wholly-owned subsidiary of ONEOK Inc. (NYSE: OKE) priced an offering of $1.2 billion in senior notes, the company said Jan. 13. The offering has $300 million in five-year senior notes, $300 million in 10-year senior notes and $600 million in 30-year senior notes, the company said. These segments have coupons of 2.07, 3.61 and 4.658%, respectively, the company added.

ONE Gas expects to receive net proceeds of roughly $1.19 billion from the offering. This excludes deducted estimated discounts, commissions and offering expenses payable by ONE Gas, ...


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