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WPZ Williams Partners, L.P. Common Units Representing Limited Partner Interests (delisted)

47.37
0.00 (0.00%)
After Hours
Last Updated: 01:00:00
Delayed by 15 minutes
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

Williams Partners' Increased Offering Priced at 2.8% Discount

05/03/2013 3:21pm

Dow Jones News


Williams Partners (NYSE:WPZ)
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   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


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