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Williams Closes Notes Offer

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June 25, 2014

Williams Companies Inc. (NYSE: WMB) completed a public offering of two groups of senior notes for $1.9 billion in net proceeds, the company said June 24.

It had offered $1.25 billion of its 4.55% notes due 2024, and $650 million of its 5.75% notes due 2044, the company said. They were priced at 99.738% and 99.773% of par, the company added.

Net proceeds will support part of Williams’ acquisition of Access Midstream Partners LP (NYSE: ACMP)—specifically, 50% of the general partner interest and 55.1 million limited partner units—the company said. ...


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