New Issue-Williams Partners sells $600 mln in notes

Nov 2 (BestGrowthStock) – Williams Partners LP (WPZ.N: ) on Tuesday
sold $600 million of notes, said IFR, a Thomson Reuters
service.

The size of the deal was increased from an originally
planned $500 million.

Deutsche Bank, JP Morgan and RBC were the joint
bookrunning managers for the sale.
BORROWER: WILLIAMS PARTNERS LP
AMT $600 MLN COUPON 4.125 PCT MATURITY 11/15/2020
TYPE NTS ISS PRICE 99.991 FIRST PAY 5/15/2011
MOODY’S Baa3 YIELD 4.126 PCT SETTLEMENT 11/9/2010
S&P BBB-MINUS SPREAD 153 BPS PAY FREQ SEMI-ANNUAL
FITCH BBB-MINUS MORE THAN TREAS MAKE-WHOLE CALL 25 BPS

New Issue-Williams Partners sells $600 mln in notes