Williams Communications expects to complete the transaction this month, subject to the approval of its current lenders and completion of certain other transactions. Salomon Smith Barney Inc. and Lehman Brothers Inc. are acting as joint lead arrangers and joint book managers for the add-on facility. About Williams Communications Group, Inc. Based in Tulsa, Okla., Williams Communications has offices in Europe and Asia and investments in South America and Australia. This add-on facility is subject to certain conditions, including completion of definitive documentation, certain amendments to the company's existing credit facilities and the financial condition of the company as of the date of closing.
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Although the company believes any such statements are based on reasonable assumptions, there is no assurance that actual outcomes will not be materially different. Additional information about issues that could lead to material changes in performance is contained in the company's filings with the Securities and Exchange Commission.