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AI English summary of an SEC filing — figures as filed

ONEOK logoONEOK OKE

ONEOK said that on January 31, 2025 (the Closing Date), its subsidiary Elk Merger Sub I, L.L.C. completed the First Merger with and into EnLink Midstream, LLC, and that EnLink then completed the Second Merger with and into Elk Merger Sub II, L.L.C.

8-KEntry into a Material Definitive AgreementFiled Period of report Summary published (UTC)

Key points

AI summary
  1. ONEOK said that on January 31, 2025 (the Closing Date), its subsidiary Elk Merger Sub I, L.L.C. completed the First Merger with and into EnLink Midstream, LLC, and that EnLink then completed the Second Merger with and into Elk Merger Sub II, L.L.C.

  2. The company said that on the Closing Date, in connection with the Internal Reorganization, it assumed all obligations under EnLink Midstream Partners, LP (ENLK)'s 4.150%, 4.850%, 5.600%, 5.050% and 5.450% senior notes (the Assumed ENLK Notes).

  3. ONEOK said that on June 10, 2022, Merger Sub II and ENLK entered into the ONEOK Credit Agreement Guarantee, which guarantees ONEOK's obligations under the ONEOK Credit Agreement, and that the resulting liabilities are senior unsecured obligations.

  4. The company said Charles M. Kelley, Senior Vice President, Commercial Natural Gas Pipelines, notified it on February 3, 2025 of his intention to retire effective March 31, 2025.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

EnLink Midstream Merger Completed

ONEOK said that on January 31, 2025 (the Closing Date), its subsidiary Elk Merger Sub I, L.L.C. completed the First Merger with and into EnLink Midstream, LLC, and that EnLink then completed the Second Merger with and into Elk Merger Sub II, L.L.C.

Source · Based on the filing body and exhibits

EnLink Midstream Partners Senior Notes Assumed

The company said that on the Closing Date, in connection with the Internal Reorganization, it assumed all obligations under EnLink Midstream Partners, LP (ENLK)'s 4.150%, 4.850%, 5.600%, 5.050% and 5.450% senior notes (the Assumed ENLK Notes).

Source · Based on the filing body and exhibits

ONEOK Credit Agreement Guarantee

ONEOK said that on June 10, 2022, Merger Sub II and ENLK entered into the ONEOK Credit Agreement Guarantee, which guarantees ONEOK's obligations under the ONEOK Credit Agreement, and that the resulting liabilities are senior unsecured obligations.

Source · Based on the filing body and exhibits

Executive Retirement Notice

The company said Charles M. Kelley, Senior Vice President, Commercial Natural Gas Pipelines, notified it on February 3, 2025 of his intention to retire effective March 31, 2025.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.