Attached files
| file | filename |
|---|---|
| 8-K - FORM 8-K - TRANSCONTINENTAL GAS PIPE LINE COMPANY, LLC | c65778e8vk.htm |
| EX-99.1 - EX-99.1 - TRANSCONTINENTAL GAS PIPE LINE COMPANY, LLC | c65778exv99w1.htm |
Exhibit 99.2
News Release
|
Williams Partners L.P. (NYSE: WPZ) One Williams Center Tulsa, OK 74172 800-600-3782 www.williamslp.com |
 |
DATE: Aug. 10, 2011
MEDIA CONTACT:
|
INVESTOR CONTACT: | |
Jeff Pounds
|
Sharna Reingold | |
(918) 573-3332
|
(918) 573-2078 |
Transco Prices Private Debt Issuance
TULSA, Okla. — Transcontinental Gas Pipe Line Company, LLC (“Transco”), a wholly owned
subsidiary of Williams Partners L.P. (NYSE: WPZ), announced that it has priced its previously
announced $375 million offering of senior notes due 2041. The notes, scheduled to be delivered on
Aug 12, 2011, were priced with a 5.40- percent coupon and at an offering price of 99.338 percent of
par, with a yield to investors of 5.445 percent.
Transco intends to use $300 million of the net proceeds from the offering to repay its $300 million
of 7- percent notes due 2011, upon their maturity on Aug. 15. The remainder of the net proceeds
will be used for general corporate purposes.
The notes will be offered pursuant to certain exemptions from registration under the Securities Act
of 1933, as amended (the “Securities Act”). The offering of the notes has not been registered under
the Securities Act or applicable state securities laws. The notes may not be offered or sold in the
United States absent registration or an applicable exemption from such registration requirements.
This press release is for informational purposes only and does not constitute an offer to sell or a
solicitation of an offer to buy the notes described in this press release, nor shall there be any
sale of the notes in any state or jurisdiction in which such an offer, sale or solicitation would
be unlawful prior to registration or qualification under the securities laws of such jurisdiction.
# # #
Portions of this document may constitute “forward-looking statements” as defined by federal
law. Although Transco 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 Transco’s annual and quarterly reports filed with the Securities and Exchange Commission
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