ONE Gas prices $375 million of 5.45% senior notes due 2036
ONE Gas, Inc. completed an underwritten public offering of $375 million of 5.45% senior notes due 2036 on August 13, 2026, after entering the underwriting agreement on August 11. The company expects to use the net proceeds to repay its $250 million unsecured term loan, amounts outstanding under its commercial paper program, and for general corporate purposes. The filing adds new long-term debt but does not report earnings or guidance changes.
Key points
- Issued $375 million aggregate principal of 5.45% Senior Notes due 2036, underwritten by BofA Securities, RBC Capital Markets and Truist Securities
- Underwriting agreement dated August 11, 2026; offering completed August 13, 2026
- Net proceeds expected to repay a $250 million unsecured term loan and commercial paper, plus general corporate purposes
- Notes issued under a Base Indenture with U.S. Bank Trust Company, National Association, as trustee
The filing
Written by AI on Nov 8, 2026, 1:05 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 13, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.