Entering text into the input field will update the search result below

ONEOK prices $2B notes offering

Aug. 13, 2019 6:21 AM ETONEOK, Inc. (OKE) StockOKEBy: Niloofer Shaikh, SA News Editor
  • ONEOK (NYSE:OKE) has priced an offering to sell $2B of senior notes, consisting of $500M of 5-year senior notes at a coupon of 2.75%, $750M of 10-year senior notes at a coupon of 3.40% and $750M of 30-year senior notes at a coupon of 4.45%.
  • The net proceeds from the offering are expected to be $1.97B and the company expects to use it to repay the $300M of senior notes due March 2020 and for general corporate purposes, which may include repayment of existing indebtedness and funding of capital expenditures.
  • ONEOK expects the notes offering to close on or about Aug. 15.

Recommended For You

More Trending News

About OKE Stock

SymbolLast Price% Chg
Market Cap
PE
Yield (TTM)
Rev Growth (YoY)
Prev. Close
Compare to Peers

Related Stocks

SymbolLast Price% Chg
OKE--
ONEOK, Inc.