Williams refinances credit facilities with $3.75B 5-year revolver and $1B 364-day facility

Filed May 20, 2026 · Period ending May 20, 2026 · ~1 min read

Key Changes

• medium

  Refinanced existing credit agreement with new $3.75B revolving facility, expandable to $4.25B, with 5-year term extendable to 7 years for working capital, acquisitions, and capex

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →
• medium

  Added separate $1B 364-day revolving facility expandable to $1.15B, with option to convert to 1-year term loans at maturity

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →
• medium

  Maintains 5.0x debt-to-EBITDA covenant (5.5x for two quarters post-acquisition over $25M); subsidiaries capped at 65% debt-to-capitalization

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →