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ONEOK Makes Optional Senior Note Redemption

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February 5, 2014

ONEOK Inc. (NYSE: OKE) made an optional redemption for all its outstanding 5.2% senior notes, worth $400 million, due 2015, the company said Feb. 3. The redemption price is equal to the principal and “make-whole” amounts, plus accrued and unpaid interest to, but not including, the redemption date, the company added.

Repayment is scheduled for March 5, the company said, adding that repayment is estimated around $429 million. This amount includes accrued but unpaid interest, the company added.

To partially fund this redemption, part of a cash payment—of $1.13 billion—given ...


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