ONEOK, Inc. (NYSE:OKE) Files An 8-K Entry into a Material Definitive Agreement

ME Staff 8-k
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ONEOK, Inc. (NYSE:OKE) Files An 8-K Entry into a Material Definitive Agreement
Item 1.01

Entry into a Material Definitive Agreement

Effective June 18, 2018, we entered into an extension agreement (the “Extension Agreement”) related to our $2.5 billion revolving credit agreement, dated as of April 18, 2017 (the “$2.5 Billion Credit Agreement”), with Citibank, N.A., as administrative agent, a swingline lender, a letter of credit issuer and a lender, and the other lenders, swingline lenders and letter of credit issuers parties thereto. The Extension Agreement extends the maturity date of the $2.5 Billion Credit Agreement from June 30, 2022, to June 30, 2023.

Some of the lenders under the $2.5 Billion Credit Agreement and their respective affiliates have, from time to time, performed, and may in the future perform, various financial advisory, commercial and investment banking services for us, for which they received or will receive customary fees and expenses. Certain affiliates of the lenders under the $2.5 Billion Credit Agreement are underwriters of certain of our note and/or equity issuances. In addition, certain of the lenders under the $2.5 Billion Credit Agreement and their respective affiliates act as dealers in connection with our commercial paper programs.

All other terms and conditions of the $2.5 Billion Credit Agreement remain in full force and effect.

The foregoing description of the Extension Agreement is not complete and is in all respects subject to the actual provisions of the Extension Agreement, a copy of which has been filed as Exhibit 10.1 to this Current Report on Form 8-K and which is incorporated by reference herein.

Item 9.01

Financial Statements and Exhibits

(d)

Exhibits

Exhibit

Number

Description

10.1

Extension Agreement, dated as of June 18, 2018, among ONEOK, Inc., Citibank, N.A., as administrative agent, a swingline lender, a letter of credit issuer and a lender, and the other lenders, swingline lenders and letter of credit issuers parties thereto.


ONEOK INC /NEW/ Exhibit
EX-10.1 2 okecreditextensionagreemen.htm OKE CREDIT EXTENSION AGREEMENT 2018 DOCUMENT Exhibit Exhibit 10.1EXTENSION AGREEMENT(Extension of Maturity Date Pursuant to Section 2.15 of the Credit Agreement)This EXTENSION AGREEMENT (this “Agreement”) dated as of June 18,…
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About ONEOK, Inc. (NYSE:OKE)

ONEOK, Inc. is the sole general partner of ONEOK Partners, L.P. (ONEOK Partners), a master limited partnership engaged in the gathering, processing, storage and transportation of natural gas in the United States. The Company operates through three business segments: Natural Gas Gathering and Processing, Natural Gas Liquids and Natural Gas Pipelines. The Natural Gas Gathering and Processing segment provides non-discretionary services to producers that include gathering and processing of natural gas produced from crude oil and natural gas wells. The Natural Gas Liquids segment owns and operates facilities that gather, fractionate, treat and distribute natural gas liquids (NGLs), and store NGL products, primarily in Oklahoma, Kansas, Texas, New Mexico and the Rocky Mountain region. The Natural Gas Pipelines segment owns and operates regulated natural gas transmission pipelines and natural gas storage facilities.