- Williams has priced a public offering of $1.0 billion of its 5.600% Senior Notes due 2035 and $500 million of its 6.000% Senior Notes due 2055. - The senior notes were priced at 99.843 percent and 99.330 percent of par, respectively. - The expected settlement date for the offering is January 9, 2025, subject to customary closing conditions. - The net proceeds will be used to repay commercial paper, near-term debt maturities, and for general corporate purposes. - Deutsche Bank Securities Inc., J.P. Morgan Securities LLC, Mizuho Securities USA LLC, and Morgan Stanley & Co. LLC are the joint book-running managers for the offering. - This news release does not constitute an offer or solicitation to buy securities in jurisdictions where such offers are unlawful. - An automatic shelf registration statement for the notes was previously filed with the SEC. - Investors are encouraged to read the prospectus and other documents filed with the SEC for complete information about the offering. - Williams is a leading energy industry company with a commitment to safe and reliable energy delivery. - The company uses a 33,000-mile pipeline infrastructure to transport a significant portion of the nation’s natural gas. - Williams is focused on powering the economy and reducing emissions while investing in new energy technologies. - Portions of the document may include forward-looking statements protected under federal law.

Williams Prices $1.5 Billion of Senior Notes:


January 06, 2025 08:00 PM Eastern Standard Time

TULSA, Okla.--(BUSINESS WIRE)--Williams (NYSE: WMB) announced today that it has priced a public offering of $1.0 billion of its 5.600% Senior Notes due 2035 at a price of 99.843 percent of par and $500 million of its 6.000% Senior Notes due 2055 at a price of 99.330 percent of par. The expected settlement date for the offering is January 9, 2025, subject to the satisfaction of customary closing conditions.

Williams intends to use the net proceeds of the offering to repay its commercial paper, near-term debt maturities and for other general corporate purposes.

Deutsche Bank Securities Inc., J.P. Morgan Securities LLC, Mizuho Securities USA LLC and Morgan Stanley & Co. LLC are acting as joint book-running managers for the offering.

This news release is neither an offer to sell nor a solicitation of an offer to buy any of these securities and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale is unlawful.

An automatic shelf registration statement relating to the notes was previously filed with the Securities and Exchange Commission (the “SEC”) and became effective upon filing. Before you invest, you should read the prospectus in the registration statement and other documents Williams has filed with the SEC for more complete information about Williams and the offering. A copy of the prospectus supplement and prospectus relating to the offering may be obtained on the SEC website at www.sec.gov or from any of the underwriters by contacting:

Deutsche Bank Securities Inc.
1 Columbus Circle
New York, New York 10019
Attention: Prospectus Group
Email: Prospectus.Ops@db.com

J.P. Morgan Securities LLC
383 Madison Ave
New York, New York 10179
Attention: Investment Grade Syndicate Desk
Phone: (212) 834-4533

Mizuho Securities USA LLC
1271 Avenue of the Americas
New York, New York 10020
Toll-free: 1-866-271-7403

Morgan Stanley & Co. LLC
1585 Broadway
New York, New York 10036

About Williams

Williams (NYSE: WMB) is a trusted energy industry leader committed to safely, reliably, and responsibly meeting growing energy demand. We use our 33,000-mile pipeline infrastructure to move a third of the nation’s natural gas to where it's needed most, supplying the energy used to heat our homes, cook our food and generate low-carbon electricity. For over a century, we’ve been driven by a passion for doing things the right way. Today, our team of problem solvers is leading the charge into the clean energy future – by powering the global economy while delivering immediate emissions reductions within our natural gas network and investing in new energy technologies.

Portions of this document may constitute “forward-looking statements” as defined by federal law. Although Williams believes any such statements are based on reasonable assumptions, there is no assurance that actual outcomes will not be materially different. Any such statements are made in reliance on the “safe harbor” protections provided under the Private Securities Reform Act of 1995. Additional information about issues that could lead to material changes in performance is contained in Williams’ annual and quarterly reports filed with the SEC.

Contacts

MEDIA:
media@williams.com
(800) 945-8723

INVESTOR CONTACTS:
Danilo Juvane
(918) 573-5075

Caroline Sardella
(918) 230-9992