Attached files

file filename
8-K - 8-K - Williams Partners L.P.d686854d8k.htm
EX-4.1 - EX-4.1 - Williams Partners L.P.d686854dex41.htm

Exhibit 99.1

 

LOGO  

Williams Partners L.P. (NYSE: WPZ)

One Williams Center

Tulsa, OK 74172

800-600-3782

www.williamslp.com

        LOGO

 

 

DATE: March 4, 2014

 

INVESTOR CONTACTS:    MEDIA CONTACTS:
John Porter    Tom Droege
(918) 573-0797    (918) 573-4034

Sharna Reingold

(918) 573-2078

Williams Partners L.P. Completes $1.5 Billion Offering of Senior Notes

TULSA, Okla. – Williams Partners’ (NYSE:WPZ) today announced that it has completed a public offering of $1 billion of its 4.3 percent senior notes due 2024 at a price of 99.791 percent of par and $500 million of its 5.4 percent senior notes due 2044 at a price of 99.676 percent of par.

Williams Partners plans to use the net proceeds from the offering to repay amounts outstanding under the partnership’s commercial paper program, to fund capital expenditures and for general partnership purposes.

BofA Merrill Lynch, Deutsche Bank Securities and RBC Capital Markets acted 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. A copy of the prospectus supplement and related base prospectus may be obtained on the SEC website at www.sec.gov or from any of the underwriters by contacting:

Merrill Lynch, Pierce, Fenner & Smith Incorporated

222 Broadway, 11th Floor

New York, New York 10038

Attention: Prospectus Department

Tel: 1-800-294-1322

E-mail: dg.prospectus_requests@baml.com

Deutsche Bank Securities Inc.

60 Wall Street

New York, NY 10005

Tel: 1-800-503-4611

RBC Capital Markets, LLC

Three World Financial Center, 8th Floor

200 Vesey Street

New York, NY 10281

Attention: Transaction Management

Tel: (866) 375-6829


About Williams Partners L.P. (NYSE: WPZ)

Williams Partners L.P. is a leading diversified master limited partnership focused on natural gas transportation; gathering, treating, and processing; storage; natural gas liquid (NGL) fractionation; and oil transportation. The partnership owns interests in three major interstate natural gas pipelines that, combined, deliver 14 percent of the natural gas consumed in the United States. The partnership’s gathering and processing assets include large-scale operations in the U.S. Rocky Mountains and both onshore and offshore along the Gulf of Mexico. Williams (NYSE: WMB) owns approximately 66 percent of Williams Partners, including the general-partner interest. More information is available at www.williamslp.com, where the partnership routinely posts important information.

 

Portions of this document may constitute “forward-looking statements” as defined by federal law. Although the company 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 the company’s annual reports filed with the Securities and Exchange Commission.

# # #