Northwest Pipeline, Transco Allow Exchange Offers to Expire

Northwest Pipeline GP, a majority owned subsidiary of Williams, and Transcontinental Gas Pipe Line Corp., a wholly owned subsidiary of Williams, allow exchange offers for certain outstanding notes to expire.
Northwest announced that 100 percent of its privately placed outstanding 6.05-percent senior notes due 2018 were tendered and will be exchanged for newly registered 6.05-percent senior notes due 2018.
Transco also announced that 100 percent of its privately placed outstanding 6.05-percent senior notes due 2018 were tendered and will be exchanged for newly registered 6.05-percent senior notes due 2018.
The terms of the new senior notes are substantially identical to the terms of the outstanding senior notes, except that provisions relating to transfer restrictions, registration rights and additional interest will not apply to the new notes.



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