E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 9/27/2012 in the Prospect News Bank Loan Daily.

Williams Partners adds $400 million commitments for $2.4 billion total

By Susanna Moon

Chicago, Sept. 27 - Williams Partners LP obtained a bump of $400 million in total commitments Tuesday, according to an 8-K filing by Northwest Pipeline GP with the Securities and Exchange Commission.

Some of the increase comes from more commitments by existing lenders, and the rest comes from new commitments.

Under the amended terms, the company may borrow up to $2.4 billion under the credit agreement, and it may request that the size be increased to $2.8 billion.

Citibank, NA is the administrative agent.

Williams is a Tulsa, Okla.-based energy infrastructure company.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.