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Published on 6/12/2017 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Oneok intends to redeem all outstanding 6½% senior notes due 2028

By Tali Rackner

Minneapolis, June 12 – Oneok, Inc. plans to redeem all of its roughly $87 million outstanding 6½% senior notes due 2028 on July 12, according to a press release.

The redemption price will be equal to par plus accrued interest.

The company will use cash on hand.

The Bank of New York Mellon Trust Co., NA is the agent.

Oneok is a natural gas distributor based in Tulsa, Okla.


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