Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

Williams Prices Offering Of 26 Mln Shares At $30.59/Shr - Quick Facts

Williams (WMB: Quote) said it has priced a public offering of 26.0 million common shares at $30.59 per share. Also, the company has granted the underwriters a 30-day option to buy up to an additional 3.90 million shares. The offering may close on April 4, 2012.

Williams plans to use the net proceeds from the offering to purchase additional Williams Partners L.P. (WPZ) common units in connection with the financing of the acquisition by Williams Partners L.P. of Caiman Eastern Midstream, LLC that was already announced.

Barclays, Citigroup, UBS Investment Bank, Deutsche Bank Securities and J.P. Morgan are acting as joint book-running managers.

Click here to receive FREE breaking news email alerts for Williams Cos. and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Stocks came under pressure in early trading on Friday and remained firmly in the red throughout the remainder of the trading session. With the losses on the day, the S&P 500 pulled back well off yesterday's record closing high. President Barack Obama is meeting with presidents from Central American nations on Friday as the U.S. struggles to deal with a surge of unaccompanied children across the southern border. Despite calls from some leading conservatives, the results of a new CNN/ORC International poll released Friday showed that a vast majority of Americans do not believe that President Barack Obama should be impeached and removed from office.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.