Latham Advises ONEOK on US$1 Billion At-the-Market Equity Program

ONEOK, Inc. (NYSE: OKE) has established an at-the-market (ATM) equity program pursuant to which the company may offer and sell shares of its common stock having an aggregate offering price of up to US$1 billion from time to time. Sales under the program may be made in ordinary brokers' transactions on the New York Stock Exchange, in block transactions, or through other methods permitted by applicable law.

Latham & Watkins LLP advised ONEOK on the transaction, with a corporate deal team led by Austin/Houston partner David Miller and Austin partner Sam Rettew, with associates Connor Adams, Carol Bale, and William Brown. Advice was also provided on tax matters by Houston partners Tim Fenn and Bryant Lee; and on environmental matters by Los Angeles/Houston partner Joshua Marnitz.