0001193125-18-316071.txt : 20181102 0001193125-18-316071.hdr.sgml : 20181102 20181101190534 ACCESSION NUMBER: 0001193125-18-316071 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20181102 DATE AS OF CHANGE: 20181101 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ONE Gas, Inc. CENTRAL INDEX KEY: 0001587732 STANDARD INDUSTRIAL CLASSIFICATION: NATURAL GAS DISTRIBUTION [4924] IRS NUMBER: 463561936 STATE OF INCORPORATION: OK FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-218383 FILM NUMBER: 181155174 BUSINESS ADDRESS: STREET 1: 15 EAST FIFTH STREET CITY: TULSA STATE: OK ZIP: 74103 BUSINESS PHONE: 918-947-7000 MAIL ADDRESS: STREET 1: 15 EAST FIFTH STREET CITY: TULSA STATE: OK ZIP: 74103 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ONE Gas, Inc. CENTRAL INDEX KEY: 0001587732 STANDARD INDUSTRIAL CLASSIFICATION: NATURAL GAS DISTRIBUTION [4924] IRS NUMBER: 463561936 STATE OF INCORPORATION: OK FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 15 EAST FIFTH STREET CITY: TULSA STATE: OK ZIP: 74103 BUSINESS PHONE: 918-947-7000 MAIL ADDRESS: STREET 1: 15 EAST FIFTH STREET CITY: TULSA STATE: OK ZIP: 74103 FWP 1 d546174dfwp.htm FREE WRITING PROSPECTUS Free Writing Prospectus

Filed Pursuant to Rule 433 under the Securities Act of 1933

Registration Statement No. 333-218383

Issuer Free Writing Prospectus, dated November 1, 2018

ONE GAS, INC.

4.50% Senior Notes due 2048

This Free Writing Prospectus relates only to the 4.50% Senior Notes due 2048 of ONE Gas, Inc. and should be read together with the Preliminary Prospectus Supplement dated November 1, 2018 relating to the 4.50% Senior Notes due 2048.

 

Issuer:    ONE Gas, Inc.
Size:    $400,000,000
Security Type:    Senior Notes
Legal Format:    SEC Registered
Pricing Date:    November 1, 2018
Settlement Date:    November 5, 2018 (T+2)
Maturity Date:    November 1, 2048
Coupon:    4.50%
Price:    98.912% of principal amount
Yield to Maturity:    4.567%
Spread to Benchmark Treasury:    +118 basis points
Benchmark Treasury:    3.125% due May 15, 2048
Benchmark Treasury Yield:    3.387%
Interest Payment Dates:    May 1 and November 1, commencing May 1, 2019
Optional Redemption:   

Prior to May 1, 2048, callable at any time at a make-whole premium of the greater of (i) 100% of the principal amount or (ii) discounted present value at Treasury Rate plus 20 basis points.

 

On or after May 1, 2048, callable at any time at par.

CUSIP / ISIN:    68235P AG3 / US68235PAG37
Ratings*:    A2 (negative) /A (stable) (Moody’s / S&P)
Minimum Denomination:    $2,000 and integral multiples of $1,000 in excess thereof
Joint Book-Running Managers:    U.S. Bancorp Investments, Inc.
J.P. Morgan Securities LLC
Senior Co-Managers:   

Merrill Lynch, Pierce, Fenner & Smith

Incorporated

Mizuho Securities USA LLC

Co-Managers:    BOK Financial Securities, Inc.
BB&T Capital Markets, a division of BB&T Securities, LLC
Morgan Stanley & Co. LLC
RBC Capital Markets, LLC
Wells Fargo Securities, LLC


*Note: A securities rating is not a recommendation to buy, sell or hold securities and may be revised or withdrawn at any time.

The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by U.S. Bancorp Investments, Inc. by calling toll-free at 1-877-558-2607 or calling J.P. Morgan Securities LLC collect at (212) 834-4533.