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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Williams Partners, L.P. Common Units Representing Limited Partner Interests (delisted) | NYSE:WPZ | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 47.37 | 0 | 01:00:00 |
By Ben Fox Rubin
Williams Partners L.P. (WPZ) said its public offering of common units priced at a 2.8% discount to Monday's close.
The energy company also increased the number of units offered to 11.25 million from 10 million.
It will sell three million units to affiliate Williams Cos. (WMB) in a private placement. Williams Partners had expected to have about 411 million units outstanding after the offering, and plans to use the proceeds to pay down debt.
Williams Partners shares were down 3.3% at $48.88, below the offer price of $49.14. The stock is still up 1% over the past three months.
Write to Ben Fox Rubin at ben.rubin@dowjones.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
1 Year Williams Partners Chart |
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