Williams Partners to repay credit facility debt via notes proceeds

By Ashley Montgomery

Kansas City, Kan., Aug. 9 - Williams Partners LP plans to use the proceeds from its offering of senior notes to repay $400 million of borrowings under its credit facility, according to a 424B5 filed with the Securities and Exchange Commission.

The facility matures on June 3, 2016.

Proceeds will also be used for general partnership purposes.

Williams Partners is a master limited partnership that owns interests in three natural gas pipelines.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.