ONEOK closes $9 billion minority equity investment from Apollo funds

Reuters2026/09/10 20:18

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ONEOK closed a $9 billion minority equity investment from Apollo-managed funds.
Apollo received a nonvoting Class B minority interest in newly formed holding company ONEOK Holdings.
The holding company interest is structurally subordinate to ONEOK’s debt.
Credit rating agencies reviewed the transaction, which they view as credit-enhancing.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Oneok Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202609101615PRIMZONEFULLFEED9824830) on September 10, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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ONEOK closes $9 billion minority equity investment from Apollo funds

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