Williams Companies Subsidiary Raises $1.7 Billion Through Senior Notes Offering
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Williams Companies' subsidiary, Transcontinental Gas Pipe Line Company, LLC, raised $1.7 billion through a private placement of senior notes. The offering includes $1 billion of 5.100% notes due 2036 and $700 million of 5.750% notes due 2056. The proceeds are subject to covenants on liens and transfers, with registration rights for noteholders. The Bank of New York Mellon Trust Company, N.A. is the trustee.
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