WILLIAMS COMPANIES, INC. (WMB) Form 8-K — Sep 10, 2026
On September 10, 2026, The Williams Companies completed a registered offering of senior notes reported in this 8-K under Item 1.01, issued off its Form S-3 shelf (Registration No. 333-277232) with a prospectus supplement dated September 8, 2026. The offering comprised four tranches of senior unsecured obligations: $500 million of 5.000% notes due October 15, 2029, $1.0 billion of 5.600% notes due September 15, 2033, $750 million of 5.800% notes due September 15, 2036, and $500 million of 6.400% notes due September 15, 2056, for a combined $2.75 billion of new debt.
Key figures
- Debt Amount
- $2.75 billion aggregate principal (sum of four stated tranches: $500M + $1.0B + $750M + $500M)
- Interest Rate
- 5.000% (2029 Notes), 5.600% (2033 Notes), 5.800% (2036 Notes), 6.400% (2056 Notes)
- Maturity Date
- October 15, 2029; September 15, 2033; September 15, 2036; September 15, 2056 (by tranche)
- Redemption
- Make-whole redemption before par call dates; par redemption thereafter (Sep 15, 2029 / Jul 15, 2033 / Jun 15, 2036 / Mar 15, 2056)
- Tranche 2029
- $500 million at 5.000%, interest semi-annually on Apr 15 and Oct 15 beginning Apr 15, 2027
- Tranche 2033
- $1.0 billion at 5.600%, interest semi-annually on Mar 15 and Sep 15 beginning Mar 15, 2027
- Tranche 2036
- $750 million at 5.800%, interest semi-annually on Mar 15 and Sep 15 beginning Mar 15, 2027
- Tranche 2056
- $500 million at 6.400%, interest semi-annually on Mar 15 and Sep 15 beginning Mar 15, 2027
- Denominations
- $2,000 and integral multiples of $1,000
- Secured Debt Covenant
- Secured debt (other than Permitted Liens) capped at 15% of Consolidated Net Tangible Assets unless Notes equally and ratably secured
- Registration Statement
- Form S-3, Registration No. 333-277232; prospectus supplement dated September 8, 2026
Price after filing
Close on the filing date to close N calendar days later (from $72.82). Historical, not a forecast.
AI analysis
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