Williams Cos. files to sell up to $3 billion in securities
TULSA, Okla. (AP) _ Williams Cos. has filed to sell as much as $3 billion in securities that the company said could be used for repayment of debts and other corporate purposes. <br><br>The filing Thursday
Friday, April 5th 2002, 12:00 am
By: News On 6
TULSA, Okla. (AP) _ Williams Cos. has filed to sell as much as $3 billion in securities that the company said could be used for repayment of debts and other corporate purposes.
The filing Thursday with the Securities and Exchange Commission allows the Tulsa-based energy company to register the securities in advance and then sell them when market conditions are favorable or when financing needs arise.
The filing includes $2.7 billion in either debt, preferred or common stock, rights and contracts and another $300 million in previously registered securities that remain unsold.
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