TULSA, Okla., Aug. 6, 2025 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) today announced that it has priced an offering to sell $3.0 billion of senior notes, consisting of: $750 million of 7-year senior notes at a coupon of 4.95%. $1.0 billion of 10-year senior notes at a coupon of 5.40%. $1.25...
Related Questions
What is the expected impact of the new notes on OKE’s credit ratings and cost of borrowing?
What is the market’s perception of ONEOK’s ability to service the additional debt given its cash flow outlook and commodity price exposure?
How will the issuance of 7‑year and 10‑year senior notes affect ONEOK's leverage and debt maturity profile?
How does ONEOK’s $3 billion issuance compare in size and structure to recent debt offerings by peers in the mid‑stream energy sector?
Are there any covenants or call features in the senior notes that could affect future refinancing risk?
What is the anticipated effect on ONEOFF’s share price and trading volume in the short term?
How might the dilution (if any) from potential conversion features impact existing shareholders?
How do the coupons (4.95% and 5.40%) compare to prevailing market rates for comparable senior debt?
Will the notes offering be priced at a discount or premium to par, and what does that imply about investor demand?
What are the intended uses of the $3.0 billion in proceeds from the notes offering?