Reported Earlier, Williams Prices $2.75B Senior Notes Offering Across Four Tranches, $500M 5.000% Notes Due 2029, $1.0B 5.600% Notes Due 2033 And $750M 5.800% Notes Due 2036
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Why It Matters
Williams borrowed $2.75 billion by selling IOUs (called notes) that people will get back with interest over the next several years. This tells us the company needed cash and thinks it can afford these payments.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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