Access Midstream Partners, L.P. Announces Pricing of $1.4 Billion Offering of Senior Notes Due 2023

  Access Midstream Partners, L.P. Announces Pricing of $1.4 Billion Offering
  of Senior Notes Due 2023

Business Wire

OKLAHOMA CITY -- December 12, 2012

Access Midstream Partners, L.P. (NYSE:ACMP) today announced the pricing of a
public offering of $1.4 billion of senior notes due 2023 (the “Notes”). The
Notes bear interest at a rate of 4.875% per annum. The closing of the offering
is expected to occur December 19, 2012 and is subject to customary closing
conditions.

The Partnership intends to use the net proceeds of the offering (i) to fund a
portion of the purchase price for its pending acquisition of Chesapeake
Midstream Operating, L.L.C., a midstream gas gathering and processing business
owned by Chesapeake Midstream Development, a wholly owned subsidiary of
Chesapeake Energy Corporation (ii) to repay a portion of the outstanding
balance under our revolving credit facility and (iii) for general partnership
purposes.

The Notes are being offered pursuant to an effective shelf registration
statement filed December 11, 2012 with the U.S. Securities and Exchange
Commission. Citigroup, Barclays, UBS Investment Bank and Wells Fargo
Securities acted as lead book-running managers of the notes offering. Copies
of the prospectus and prospectus supplement relating to the offering may be
obtained by visiting the SEC’s website at www.sec.gov or from the underwriters
of the offering as follows:

•  Citigroup
    c/o Broadridge Financial Solutions
    1155 Long Island Avenue
    Edgewood, New York 11717
    batprospectusdept@citi.com
    Tel: (800) 831-9146
    
•   Barclays
    c/o Broadridge Financial Solutions
    1155 Long Island Avenue
    Edgewood, New York 11717
    barclaysprospectus@broadridge.com
    Tel: (888) 603-5847
    
•   UBS Investment Bank
    Attn: Prospectus Specialist
    299 Park Avenue
    New York, New York 10171
    Tel: (877) 827-6444, ext. 561-3884
    
•   Wells Fargo Securities
    Attn: Client Support
    550 South Tryon Street, 7th Floor
    Charlotte, North Carolina 28202
    cmclientsupport@wellsfargo.com
    Tel: (800) 326-5897
    

This press release is neither an offer to sell nor the solicitation of an
offer to buy the Notes or any other securities and shall not constitute an
offer, solicitation or sale in any jurisdiction in which, or to any person to
whom, such an offer, solicitation or sale is unlawful.

Access Midstream Partners, L.P. (NYSE:ACMP) is the industry’s largest
gathering and processing master limited partnership as measured by throughput
volume and owns, operates, develops and acquires natural gas gathering systems
and other midstream energy assets. Headquartered in Oklahoma City, the
Partnership's operations are focused on the Barnett Shale, Haynesville Shale,
Marcellus Shale and Mid-Continent regions of the U.S.

This press release includes forward-looking statements. Forward-looking
statements give our current expectations or forecasts of future events. They
include but are not limited to our business strategy and plans and objectives
for future operations as well as our future financial and operating results.
We caution you not to place undue reliance on our forward-looking statements,
which speak only as of the date of this release, and we undertake no
obligations to update this information. Although we believe the expectations
and forecasts reflected in these and other forward-looking statements are
reasonable, we can give no assurance they will prove to be correct. They can
be affected by inaccurate assumptions or by known or unknown risks and
uncertainties. Factors that could cause actual results to differ materially
from expected results are described under “Risk Factors” in our 2011 Annual
Report on Form 10-K and our other SEC filings.

Contact:

Access Midstream Partners, L.P.
Investor Contact:
Dave Shiels, CFO, 405-935-6224
dave.shiels@accessmidstream.com
or
Media Contacts:
Debbie Nauser, 405-935-1739
debbie.nauser@accessmidstream.com
or
Tom Johnson, 212-371-5999
tbj@abmac.com
 
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