NYSE:WMBOil and Gas
Williams Companies Expands Credit Lines As Investors Weigh Valuation Gap
Williams Companies (NYSE:WMB) has entered into a Second Amended and Restated Credit Agreement and a new 364 Day Credit Agreement.
The new multi year facilities expand borrowing options and are intended to support capital expenditures, acquisitions, and general corporate purposes.
The updated credit structure is designed to give the company more flexibility in how it manages its balance sheet and near term funding needs.
For investors watching NYSE:WMB, this financing move comes with the...