Oneok eyeing $500 million sale of senior notes

By Aleesia Forni

Virginia Beach, Aug. 12 – Oneok Inc. is planning to sell a $500 million offering of senior notes, according to a company news release and a filing with the Securities and Exchange Commission.

Citigroup Global Markets Inc. is the bookrunner.

Mizuho Securities is the co-manager.

Proceeds from the offering will be used to purchase additional common units from Oneok Partners, LP in a private placement.

The natural gas company is based in Tulsa, Okla.

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