Shearman And Sterling

News May 14, 2020

The Williams Companies Inc.’s $1 Billion Senior Notes Offering

Shearman & Sterling represented the underwriters in connection with the registered offering by The Williams Companies, Inc. (NYSE: WMB) of $1 billion aggregate principal amount of 3.500 percent senior notes due 2030.  J.P. Morgan Securities LLC, Deutsche Bank Securities Inc., Morgan Stanley & Co. LLC, Scotia Capital (USA) Inc. and Wells Fargo Securities, LLC acted as joint book-running managers and representatives of the several underwriters. Williams intends to use the net proceeds of this offering for general corporate purposes, including the repayment of its $650 million aggregate principal amount of 4.125 percent senior notes due 2020.

Williams Partners is an industry-leading energy infrastructure company providing infrastructure that safely delivers natural gas products to reliably fuel the clean energy economy. Williams has operations in 15 supply areas that provide natural gas gathering, processing, and transmission services and natural gas liquids fractionation, transportation, and storage services to more than 600 customers. 

The Team