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Technology Stocks : Williams Communications Group - WCG

WCG 349.92

+1.4%

Jan 23 4:00 PM EST

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To: MangoBoy who started this subject	7/13/2000 8:03:37 PM
From: samoyed	Read Replies (1) of 609

Williams Communications Announces Private Placement of Debt July 13, 2000 12:15 PM Eastern Time TULSA, Okla., July 13 /PRNewswire/ -- Williams Communications WCG announced today that it is considering plans to sell approximately $700 million of senior notes in a private placement. The securities will not be registered under the Securities Act of 1933 and may not be offered or sold in the United States without registration or an applicable exemption from the registration requirements. The proceeds from the sale of the securities will be used to continue the enhancement and expansion of the Williams Communications network and for working capital and general corporate purposes. Contact: media, Gil Broyles, 918-573-4740, or gil.broyles@williams.com, or investors, Patricia Kraft, 918-573-0649, or patricia.kraft@williams.com, both of Williams Communications. SOURCE Williams Communications

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