Williams Companies unit Transco completes $1.0 billion and $700 million note sale
Transcontinental Gas Pipe Line Company, an indirect wholly owned subsidiary of Williams Companies, completed a private offering on November 20, 2025 of $1.0 billion of 5.100% senior notes due 2036 and $700 million of 5.750% senior notes due 2056. The notes are senior unsecured obligations, so the filing adds new debt for the subsidiary, and the filing does not state how the proceeds will be used.
Key points
- $1.0 billion of 5.100% senior notes due March 15, 2036, priced at 99.936% of par
- $700 million of 5.750% senior notes due March 15, 2056, priced at 99.413% of par
- Interest is paid semi-annually from March 15, 2026; notes rank equally with other senior unsecured debt
- Company agreed to complete an exchange offer within 365 days after November 20, 2025
The filing
Written by AI on Nov 8, 2026, 1:21 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 November 20, 2025.
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.