TULSA, Okla., Aug. 6, 2025/ PRNewswire/– ONEOK, Inc. OKE today revealed that it has actually priced an offering to offer $ 3.0 billion of senior notes, including:
- $ 750 million of 7-year senior notes at a discount coupon of 4.95%.
- $ 1.0 billion of 10-year senior notes at a discount coupon of 5.40%.
- $ 1.25 billion of 30-year senior notes at a discount coupon of 6.25%.
The net earnings from the offering, after subtracting underwriting discount rates, commissions and offering costs, are anticipated to be around $ 2.96 billion ONEOK means to utilize the net earnings from the offering to pay back all of its exceptional industrial paper, and pay back completely at maturity its senior notes due Sept. 15, 2025, together with any accumulated and overdue interest to the date of payment. ONEOK means to utilize any staying net earnings from the offering for basic business functions, which might consist of the payment of exceptional insolvency, consisting of the repurchase or redemption of existing notes. ONEOK anticipates the offering to close on or about Aug. 12, 2025, based on the complete satisfaction of popular closing conditions.
Mizuho Securities U.S.A. LLC, Deutsche Bank Securities Inc., PNC Capital Markets LLC, TD Securities ( U.S.A.) LLC, Truist Securities, Inc., CIBC World Markets Corp., MUFG Securities Americas Inc., RBC Capital Markets, LLC, Scotia Capital ( U.S.A.) Inc., SMBC Nikko Securities America, Inc. and Wells Fargo Securities, LLC are serving as joint book-running supervisors for the offering.
Barclays Capital Inc., Blaylock Van, LLC, BofA Securities, Inc., Citigroup Global Markets Inc., Goldman Sachs & & Co. LLC, J.P. Morgan Securities LLC, Morgan Stanley & & Co. LLC, Regions Securities LLC, Roberts & & Ryan, Inc. and U.S. Bancorp Investments, Inc. are serving as co-managers for the offering.
This press release is neither a deal to offer nor a solicitation of a deal to purchase any of these securities and will not make up a deal, solicitation or sale in any jurisdiction in which such deal, solicitation or sale is illegal.
A registration declaration connecting to the notes was formerly submitted with, and ended up being efficient under the guidelines of, the Securities and Exchange Commission (SEC). ONEOK provided the notes to the general public by ways of a prospectus and prospectus supplement, which belong to the registration declaration.
A copy of the prospectus and prospectus supplement might be gotten from:
Mizuho Securities U.S.A. LLC
Attn: Financial Obligation Capital Markets
1271 Opportunity of the Americas
New York City, NY 10020
Phone: 1-866-271-7403
Deutsche Bank Securities Inc.
1 Columbus Circle
New York City, NY 10019
Phone: 1-800-503-4611
PNC Capital Markets LLC
The Tower at PNC Plaza
300 Fifth Opportunity, 10th Flooring
Pittsburgh, PA 15222
Phone: 1-855-881-0697
TD Securities ( U.S.A.) LLC
1 Vanderbilt Ave, 11th Flooring
New York City, New York City 10017
Phone: 1-855-495-9846
Truist Securities, Inc.
740 Battery Opportunity SE
Atlanta, GA 30339
Phone: 1-800-685-4786
An electronic copy of the registration declaration and prospectus supplement, together with the base prospectus, is readily available on the SEC’s site at www.sec.gov.
At ONEOK OKE, we provide energy product or services important to an advancing world. We are a leading midstream operator that supplies event, processing, fractionation, transport, storage and marine export services. Through our around 60,000-mile pipeline network, we carry the gas, gas liquids (NGLs), fine-tuned items and petroleum that assist satisfy domestic and worldwide energy need, add to energy security and offer safe, reputable and accountable energy options required today and into the future. As one of the biggest incorporated energy facilities business in The United States And Canada, ONEOK is providing energy that makes a distinction in the lives of individuals in the U.S. and around the globe.
ONEOK is an S&P 500 business headquartered in Tulsa, Oklahoma
For info about ONEOK, check out the site: www.oneok.com.
For the current news about ONEOK, discover us on LinkedIn, Facebook, X and Instagram.
This interaction consists of “positive declarations” within the significance of Area 27A of the Securities Act of 1933, as changed, and Area 21E of the Securities Exchange Act of 1934, as changed. All declarations, besides declarations of historic truth, consisted of in this interaction that attend to activities, occasions or advancements that ONEOK anticipates, thinks or expects will or might happen in the future are positive declarations.
Words such as “quote,” “task,” “forecast,” “think,” “anticipate,” “prepare for,” “prospective,” “chance,” “produce,” “plan,” “could,” “would,” “may,” “strategy,” “will,” “assistance,” “appearance,” “objective,” “target,” “future,” “develop,” “focus,” “continue,” “aim,” “permit” or the unfavorable of such terms or other variations thereof and words and regards to comparable compound utilized in connection with any conversation of future strategies, actions, or occasions determine positive declarations. Nevertheless, the lack of these words does not suggest that the declarations are not positive.
These positive declarations consist of, however are not restricted to, declarations concerning dominating market conditions, the anticipated closing of the offering of notes and using earnings therefrom. There are a variety of threats and unpredictabilities that might trigger real outcomes to vary materially from the positive declarations consisted of in this interaction. These consist of the danger that recently obtained companies will not be effectively incorporated; the danger that modifications in ONEOK’s capital structure might have negative results on the marketplace worth of its securities; the danger that ONEOK might be not able to decrease costs or gain access to funding or liquidity; threats connected to the effect of any financial slump and any significant decrease in product costs; threats connected to ONEOK’s capability to successfully handle our broadened operations following closing of current acquisitions and other essential elements that might trigger real outcomes to vary materially from those forecasted.
All such elements are hard to forecast and are beyond ONEOK’s control, consisting of those detailed in ONEOK’s Yearly Reports on Kind 10-K, Quarterly Reports on Kind 10-Q and Existing Reports on Kind 8-K that are readily available on ONEOK’s site at www.oneok.com and on the site of the SEC at www.sec.gov. All positive declarations are based upon presumptions that ONEOK thinks to be sensible however that might not show to be precise. Any positive declaration speaks just since the date on which such declaration is made, and ONEOK does not carry out any commitment to fix or upgrade any positive declaration, whether as an outcome of brand-new info, future occasions or otherwise, other than as needed by appropriate law. Readers are warned not to position unnecessary dependence on these positive declarations, which speak just since the date hereof.
Expert Contact:
Megan Patterson
918-561-5325
Media Contact:
Alicia Buffer
918-861-3749
SOURCE Oneok, Inc.