ONE Gas, Inc. (OGS) Form 424B5 — Aug 11, 2026
ONE Gas, Inc. filed a preliminary prospectus supplement dated August 11, 2026 for an offering of senior unsecured notes due 2036, with BofA Securities, RBC Capital Markets and Truist Securities acting as joint book-running managers. The offering size and coupon are left blank pending pricing, and the notes will not be listed on any exchange. Net proceeds are expected to be used to repay the company's $250 million unsecured term loan and amounts outstanding under its commercial paper program, plus general corporate purposes.
Key figures
- Total Debt
- $3,392.9 million (June 30, 2026)
- Cash Position
- $7.9 million (June 30, 2026)
- Total Equity
- $3,537.9 million
- Subsidiary Debt
- $242.5 million (June 30, 2026)
- Customers Served
- approximately 2.3 million
- Term Loan To Repay
- $250 million
- Notes Maturity Year
- 2036
- Total Capitalization
- $6,930.8 million
- Minimum Denominations
- $2,000 plus $1,000 multiples
- Regulated Revenue Percent
- 100-percent regulated
- Revolving Credit Facility
- $1.5 billion unsecured
- Commercial Paper Outstanding
- $770.8 million (June 30, 2026)
- Unsecured Unsubordinated Debt
- $2.6 billion (June 30, 2026)
- Commercial Paper Weighted Avg Rate
- 4.09%
- Current Maturities Of Long Term Debt
- $281.3 million
- Commercial Paper Weighted Avg Maturity
- 16 days
- Existing Long Term Debt Net Of Issuance Costs
- $2,340.8 million
Price after filing
Close on the filing date to close N calendar days later (from $79.60). Historical, not a forecast.
AI analysis
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