March 6, 2009 (FinancialWire) -- Williams (NYSE: WMB) said it has completed its $600 million private offering of senior notes due 2020. The notes were priced with an 8.75 percent coupon and at 99.159 percent to par, with a yield to investors of 8.875 percent.

The company plans to use the net proceeds from the offering for general corporate purposes, including enhancing the company's liquidity position and the funding of capital expenditures.

Tulsa, Oklahoma-based Williams, through its subsidiaries, finds, produces, gathers, processes and transports natural gas. Williams' operations are concentrated in the Pacific Northwest, Rocky Mountains, Gulf Coast, and Eastern Seaboard.

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