ONEOK (OKE) Prices $1.5B Notes Offering
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 7/5/2026
- Dow jumps to record closing high after soft US jobs data, Nasdaq down with chip shares
- Goldman's Garrett sees investors dialing back tech exposure into H2
- AI chip winners may face tougher road ahead as hyperscalers catch up: JPM
- Oil gains on short-covering buys ahead of US holiday
- Rivian stock jumps 5% on raised delivery outlook
ONEOK Announces $1.5 Billion Notes Offering
May 4, 2020 7:40 PM EDTTULSA, Okla., May 4, 2020 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) today announced that it has priced an offering to sell $1.5 billion of senior notes, consisting of $600 million of 5-year senior notes at a coupon of 5.85%, $600 million of 10-year senior notes at a coupon of 6.35% and $300 million of 30-year senior notes at a coupon of 7.15%.
The net proceeds from the offering, after deducting underwriting discounts, commissions and offering expenses, are expected to be $1.48 billion. ONEOK expects to use the net proceeds to repay the outstanding borrowings under its term loan facility... More
