ONEOK announced the early results and pricing terms for its cash tender offer to purchase up to $2 billion of its outstanding senior notes across 20 different series. The offer was fully subscribed by the early tender deadline, and the company expects to accept for purchase the maximum amount.
Key Details
- Offer Size: The tender offer is for an aggregate purchase price not to exceed $2 billion for 20 series of outstanding senior notes.
- Timeline: The early tender deadline was September 14, 2026. The expected settlement date for notes accepted by this deadline is September 17, 2026.
- Outcome: The aggregate principal amount of notes tendered by the early deadline met the maximum tender amount. As a result, the company does not expect to accept any notes tendered after the early deadline.