Bracewell Represents Wells Fargo Bank, National Association in $3.75 Billion Revolving Credit Facility to The Williams Companies, Inc.

HOUSTON – Bracewell LLP represented Wells Fargo Bank, National Association, as administrative agent and left lead arranger, in an amended and restated revolving credit facility for The Williams Companies, Inc. and certain of its subsidiaries. 

The amended and restated five-year facility will provide borrowing capacity of $3.75 billion, with the ability for Williams to request an increase of up to an additional $500 million in commitments. The credit facility will mature in October 2026, and may be used for refinancing the outstanding indebtedness under the existing credit facility in addition to working capital, acquisitions, capital expenditures and other general corporate purposes.

Williams is an energy infrastructure company focused on connecting North America’s hydrocarbon resource plays to growing natural gas and natural gas liquids markets. Williams owns and operates midstream gathering and processing assets and interstate natural gas pipelines.

Bracewell lawyers involved in this transaction included:

Partner: Kate H. Day

Senior Counsel:  Annemarie E. Dunleavy