Shearman & Sterling represented the underwriters, led by J.P. Morgan, BofA Merrill and Wells Fargo, in connection with a shelf takedown of $700,000,000 of ONEOK, Inc.’s 4.25% Notes due 2022. The net proceeds from the offering are being used to pay commercial paper obligations and for general corporate purposes.

The following Shearman & Sterling team advised the underwriters in the transaction: partners Robert Evans III (New York-Capital Markets), Russell Sacks (New York-Financial Institutions Advisory & Financial Regulatory), and Don Lonczak (Washington, DC-Tax); counsel Jeffrey Salinger (New York-Real Estate/Environmental); and associates Jason Gao (New York-Capital Markets), Stephanie Chan (New York-Capital Markets), Steven Blau (New York-Financial Institutions Advisory & Financial Regulatory), Laura Mulry (New York-Real Estate/Environmental) and Daniel Nicholas (Washington, DC.-Tax).