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OFFON

THE WILLIAMS COMPANIES, INC.

(WMB)
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WILLIAMS COMPANIES, INC. : Regulation FD Disclosure, Other Events, Financial Statements and Exhibits (form 8-K)

10/08/2021 | 09:08am EST

Item 7.01. Regulation FD Disclosure.

On October 5, 2021, The Williams Companies, Inc. (the "Company") issued a press release announcing that it had priced the Offering (as defined below). A copy of the press release is furnished and attached as Exhibit 99.1 hereto and is incorporated herein by reference.

In accordance with General Instruction B.2 of Form 8-K, the information furnished under this Item 7.01 on this Current Report on Form 8-K and Exhibit 99.1 attached hereto are deemed to be "furnished" and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended (the "Securities Act"), or the Exchange Act.



Item 8.01. Other Events.


On October 5, 2021, the Company entered into an underwriting agreement (the "Underwriting Agreement") with Barclays Capital Inc., SMBC Nikko Securities America, Inc., Truist Securities, Inc. and Wells Fargo Securities, LLC, as representatives of the underwriters named in Schedule 1 thereto, with respect to the offering and sale in an underwritten public offering (the "Offering") of $600 million aggregate principal amount of its 2.600% Senior Notes due 2031 (the "New 2031 Notes") and $650 million aggregate principal amount of its 3.500% Senior Notes due 2051 (the "2051 Notes" and, together with the New 2031 Notes, the "Notes"). The New 2031 Notes are an additional issuance of the $900 million aggregate principal amount of the Company's 2.600% Senior Notes due 2031 issued on March 2, 2021 and will trade interchangeably with such notes. The Underwriting Agreement is filed as Exhibit 1.1 to this report.

The Offering has been registered under the Securities Act, pursuant to a registration statement on Form S-3 (Registration No. 333-253451) of the Company (the "Registration Statement"), and the prospectus supplement dated October 5, 2021 and filed with the Securities and Exchange Commission (the "SEC") pursuant to Rule 424(b) of the Securities Act on October 7, 2021. The Offering is expected to close on October 8, 2021. The legal opinion of Gibson, Dunn & Crutcher LLP related to the Offering pursuant to the Registration Statement is filed as Exhibit 5.1 to this report.

The Notes will be issued pursuant to an Indenture, dated as of December 18, 2012, between the Company and The Bank of New York Mellon Trust Company, N.A. as trustee (the "Trustee"), as supplemented, in the case of the 2031 Notes, by the Fourth Supplemental Indenture (the "Fourth Supplemental Indenture"), dated as of March 2, 2021, between the Company and the Trustee, and, in the case of the 2051 Notes, by the Fifth Supplemental Indenture (the "Fifth Supplemental Indenture"), to be dated as of October 8, 2021, between the Company and the Trustee. The 2031 Notes will be represented by a global security, the form of which is included as an exhibit to the Fourth Supplemental Indenture. The form of Fourth Supplemental Indenture and the form of the 2031 Notes were filed as Exhibits 4.1 and 4.2, respectively, to the Company's Current Report on Form 8-K, dated February 25, 2021, filed with the SEC on March 2, 2021. The 2051 Notes will be represented by a global security, the form of which is included as an exhibit to the Fifth Supplemental Indenture. The form of Fifth Supplemental Indenture and the form of the 2051 Notes are filed as Exhibits to this Current Report on Form 8-K and are incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.





  (d) Exhibits.




Exhibit
Number                                    Description

 1.1           Underwriting Agreement, dated October 5, 2021, by and among The
             Williams Companies, Inc. and Barclays Capital Inc., SMBC Nikko
             Securities America, Inc., Truist Securities, Inc. and Wells Fargo
             Securities, LLC, as representatives of the underwriters named in
             Schedule 1 thereto.

 4.1           Form of Fifth Supplemental Indenture, to be dated October 8, 2021,
             between The Williams Companies, Inc. and The Bank of New York Mellon
             Trust Company, N.A., as trustee.

 4.2           Form of 3.500% Senior Notes due 2051 (included in Exhibit 4.1).

 5.1           Opinion of Gibson, Dunn & Crutcher LLP relating to the Offering.

23.1           Consent of Gibson, Dunn & Crutcher LLP (included in Exhibit 5.1).

99.1           Press Release dated October 5, 2021.

104          Cover Page Interactive Data File. The cover page XBRL tags are
             embedded within the inline XBRL document (contained in Exhibit 101).

--------------------------------------------------------------------------------

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