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Published on 2/25/2021 in the Prospect News Bank Loan Daily and Prospect News Investment Grade Daily.

S&P rates Williams notes BBB

S&P said it assigned its BBB issue-level rating to Williams Cos. Inc.’s upcoming senior unsecured notes.

S&P rates all of Williams’ senior unsecured notes at BBB.

The company intends to use the proceeds to repay its $500 million of 4% senior notes due 2021 and its $371 million of 7.875% senior notes due 2021, as well as for general corporate purposes.


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