Obligation OneOak Inc. 6% ( US682680AN39 ) en USD

OneOak Inc.

100 % ▼

Etas-Unis

US682680AN39 ( en USD )

6% par an ( paiement semestriel )

14/06/2035

Prospectus brochure de l'obligation Oneok Inc. [New] US682680AN39 en USD 6%, échéance 14/06/2035

1 000 USD

400 000 000 USD

682680AN3

BBB ( Qualité moyenne inférieure )

Baa3 ( Qualité moyenne inférieure )

15/06/2026 ( Dans 126 jours )

ONEOK est une société américaine d'énergie du milieu de marché qui possède et exploite des infrastructures de transport, de stockage et de traitement du gaz naturel et des liquides de gaz naturel principalement dans le sud des États-Unis et le bassin de la Williston.

L'Obligation émise par OneOak Inc. ( Etas-Unis ) , en USD, avec le code ISIN US682680AN39, paye un coupon de 6% par an.
Le paiement des coupons est semestriel et la maturité de l'Obligation est le 14/06/2035

L'Obligation émise par OneOak Inc. ( Etas-Unis ) , en USD, avec le code ISIN US682680AN39, a été notée Baa3 ( Qualité moyenne inférieure ) par l'agence de notation Moody's.

L'Obligation émise par OneOak Inc. ( Etas-Unis ) , en USD, avec le code ISIN US682680AN39, a été notée BBB ( Qualité moyenne inférieure ) par l'agence de notation Standard & Poor's ( S&P ).

DEFINITIVE PROSPECTUS SUPPLEMENT
424B5 1 d424b5.htm DEFINITIVE PROSPECTUS SUPPLEMENT
Table of Contents
Filed pursuant to Rule 424(b)(5)
SEC File No. 333-82717
P R O S P E C T U S S U P P L E M E N T
(To Prospectus Dated April 15, 2003)

ONEOK, Inc.

$400,000,000 5.20% Notes due 2015

$400,000,000 6.00% Notes due 2035

The 2015 notes will bear interest at the rate of 5.20% per year and will mature on June 15, 2015. The 2035 notes
will bear interest at the rate of 6.00% per year and will mature on June 15, 2035. Interest on the notes is payable
on June 15 and December 15 of each year, beginning December 15, 2005. We may redeem some or all of each
series of notes at any time prior to maturity, in whole or in part, at a redemption price equal to the greater of the
principal amount of the notes and the make whole price described in this prospectus supplement, together with
accrued and unpaid interest on the notes to the redemption date.
The notes will be general unsubordinated obligations of our company and will rank equally with all of our
existing and future unsecured and unsubordinated debt.
Investing in the notes involves risks. See " Risk Factors" beginning on page S-11 of this prospectus
supplement.
Neither the Securities and Exchange Commission nor any state securities commission has approved or
disapproved of these securities or determined if this prospectus supplement or the accompanying prospectus is
truthful or complete. Any representation to the contrary is a criminal offense.

Proceeds to Us
Offering Price
Underwriting
Before
to Public(1)
Discounts
Expenses

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Per 5.20% Note due 2015

99.946%
0.650%
99.296%
Total

$399,784,000 $ 2,600,000 $397,184,000
Per 6.00% Note due 2035

99.752%
0.875%
98.877%
Total

$399,008,000 $ 3,500,000 $395,508,000
(1) Plus accrued interest, if any, from the date of original issuance.
The underwriters expect to deliver the notes to purchasers in registered book entry form only through the
facilities of The Depository Trust Company, or through its direct participants, Clearstream Banking, Société
anonyme or Euroclear Bank S.A./N.V., on or about June 17, 2005.

Joint Book-Running Managers
Citigroup
UBS Investment Bank

Senior Co-Managers
ABN AMRO Incorporated

JPMorgan
RBS Greenwich Capital

Wachovia Securities

Co-Managers
SunTrust Robinson Humphrey
BOSC, Inc.
June 14, 2005
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You should rely only on the information contained or incorporated by reference in this prospectus
supplement and the accompanying prospectus. We have not authorized anyone to provide you with
different information. We are not making an offer of these securities in any state where the offer is not
permitted. You should not assume that the information contained in this prospectus supplement or the
accompanying prospectus is accurate as of any date other than the date on the front cover of this
prospectus supplement or, with respect to information incorporated by reference, as of the date of such
information.

TABLE OF CONTENTS

Page

Prospectus Supplement

About this Prospectus Supplement

S-1
Where You Can Find More Information

S-1
Forward-Looking Information

S-3
Summary

S-5
Risk Factors
S-11
Use of Proceeds
S-17
Capitalization
S-18
Ratios of Earnings to Fixed Charges
S-19
Description of the Notes
S-20
United States Federal Tax Considerations
S-23
Underwriting
S-28
Legal Matters
S-30
Prospectus

About this Prospectus

2
Where You Can Find More Information

3
Forward-Looking Information

4
About ONEOK

5
About the ONEOK Trusts

5
Use of Proceeds

6
Ratio of Earnings to Fixed Charges

7
Ratio of Earnings to Combined Fixed Charges and Preferred Stock Dividend Requirements

7
Transaction Agreement with Westar

7
Description of Debt Securities

8
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Description of Capital Stock

20
Description of Purchase Contracts and Purchase Contract Units

32
Description of Trust Preferred Securities

33
Description of the Junior Subordinated Debentures

40
Description of the Trust Preferred Securities Guarantees

48
Relationship among the Trust Preferred Securities, the Junior Subordinated Debentures and the Trust
Preferred Securities Guarantees

50
Book Entry Securities

52
Plan of Distribution

53
Legal Matters

55
Experts

55

i
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ABOUT THIS PROSPECTUS SUPPLEMENT
This prospectus supplement is a supplement to the accompanying prospectus that is also a part of this document.
In this prospectus supplement, we provide you with specific information about the terms of this offering of the
notes. Both this prospectus supplement and the accompanying prospectus include important information about
us, the notes and other information you should know before investing in the notes. This prospectus supplement
also adds to, updates and changes some of the information contained in the accompanying prospectus. To the
extent that any statement that we make in this prospectus supplement is inconsistent with the statements made in
the accompanying prospectus, the statements made in the accompanying prospectus are deemed modified or
superseded by the statements made in this prospectus supplement.
Unless we otherwise indicate or unless the context requires otherwise, all references in this prospectus
supplement to "we," "our," "us," the "Company," "ONEOK" or similar references mean ONEOK, Inc. and its
subsidiaries, predecessors and acquired businesses.

WHERE YOU CAN FIND MORE INFORMATION
We file annual, quarterly and current reports, proxy statements and other information with the Securities and
Exchange Commission. You can read and copy any materials we file with the Securities and Exchange
Commission at its Public Reference Room at Station Place, 100 F Street, N.W., Washington, D.C. 20549. You
can obtain information about the operations of the Securities and Exchange Commission Public Reference Room
by calling the Securities and Exchange Commission at 1-800-SEC-0330. The Securities and Exchange
Commission also maintains a Web site that contains information we file electronically with the Securities and
Exchange Commission, which you can access over the Internet at http://www.sec.gov. In addition, our SEC
filings are available at www.oneok.com. Information contained in our website does not constitute part of this
prospectus supplement. Our common stock is listed on the New York Stock Exchange (NYSE: OKE), and you
can obtain information about us at the offices of the New York Stock Exchange, 20 Broad Street, New York,
New York 10005.
As permitted by Securities and Exchange Commission rules, this prospectus supplement does not contain all of
the information we have included in the registration statement and the accompanying exhibits. You may refer to
the registration statement and the exhibits for more information about us and our securities. The registration
statement and the exhibits are available at the Securities and Exchange Commission's Public Reference Room or
through its Web site.
The Securities and Exchange Commission allows us to "incorporate by reference" the information we file with it,
which means that we can disclose important information to you by referring you to those documents. All
information incorporated by reference is part of this document, unless and until that information is updated and
superseded by the information contained in this document or any information subsequently filed that is
incorporated by reference. We incorporate by reference the documents listed below.

· our annual report on Form 10-K for the year ended December 31, 2004;
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· our quarterly report on Form 10-Q for the quarter ended March 31, 2005;

· our definitive 2005 Proxy Statement on Schedule 14A, excluding those portions thereof which are

furnished and not filed with the SEC; and

· our current reports on Form 8-K dated January 19, 2005, January 21, 2005 (three reports), January 28,
2005 (two reports), February 23, 2005 (relating to our Equity Compensation Plan and Employee Stock

Purchase Plan), March 16, 2005, March 21, 2005, March 31, 2005 (relating to presentation at the Howard
Weil 33rd Annual Energy Conference), April 22, 2005 (two reports), May 13, 2005 and May 20, 2005
(two reports).

S-1
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You may request a copy of these filings (other than an exhibit to the filings unless we have specifically
incorporated that exhibit by reference into the filing) at no cost, by writing or telephoning us at the following
address:

ONEOK, Inc.
100 West Fifth Street
Tulsa, Oklahoma 74103
Attention: Chief Financial Officer
Telephone: (918) 588-7000
We also incorporate by reference all future filings we make with the Securities and Exchange Commission under
Section 13(a), 13(c), 14 or 15(d) of the Securities Exchange Act of 1934 (other than current reports on Form 8-K
furnished under Item 2.02 or Item 7.01 and any related exhibits) on or after the date of this prospectus
supplement and prior to the closing of the related offering made hereby. Those documents will become a part of
this prospectus supplement from the date that the documents are filed with the Securities and Exchange
Commission.
You may request and we will deliver to you promptly, without charge, a paper copy of this prospectus if you send
a request in writing to us at the above address.

S-2
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FORWARD-LOOKING INFORMATION
Some of the statements contained and incorporated in this prospectus supplement and the accompanying
prospectus are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of
1995. The forward-looking statements relate to: anticipated financial performance, including anticipated
operating income from the businesses that we agreed in May 2005 to acquire from Koch Industries, Inc. and
affiliates; management's plans and objectives for future operations; business prospects; outcome of regulatory
and legal proceedings; market conditions and other matters. The Private Securities Litigation Reform Act of 1995
provides a safe harbor for forward-looking statements in certain circumstances. The following discussion is
intended to identify important factors that could cause future outcomes to differ materially from those set forth in
the forward-looking statements.
Forward-looking statements include the information concerning possible or assumed future results of our
operations and other statements contained or incorporated in this prospectus supplement or the accompanying
prospectus identified by words such as "anticipate," "estimate," "expect," "forecast," "intend," "believe,"
"projection" or "goal."
You should not place undue reliance on forward-looking statements. Known and unknown risks, uncertainties
and other factors may cause our actual results, performance or achievements to be materially different from any
future results, performance or achievements expressed or implied by the forward-looking statements. Those
factors may affect our operations, markets, products, services and prices. In addition to any assumptions and
other factors referred to specifically in connection with the forward-looking statements, factors that could cause
our actual results to differ materially from those contemplated in any forward-looking statement include, among
others, the following:

· risks associated with any reduction in our credit ratings;

· the effects of weather and other natural phenomena on energy sales and prices;

· competition from other energy suppliers as well as alternative forms of energy;

· the capital intensive nature of our business;

· the profitability of assets or businesses acquired by us;

· risks of marketing, trading and hedging activities as a result of changes in energy prices or the financial

condition of our counterparties;

· economic climate and growth in the geographic areas in which we do business;

· the uncertainty of estimates, including accruals, cost of environmental remediation and gas and oil

reserves;
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· the timing and extent of changes in commodity prices for natural gas, natural gas liquids, electricity and

crude oil;

· the effects of changes in governmental policies and regulatory actions, including changes with respect to

income taxes, environmental compliance, authorized rates or recovery of gas costs;

· the impact of recently issued and future accounting pronouncements and other changes in accounting

policies;

· the possibility of future terrorist attacks or the possibility or occurrence of an outbreak of, or changes in,

hostilities or changes in the political conditions in the Middle East and elsewhere;

· the risk of increased costs for insurance premiums, security or other items as a consequence of terrorist

attacks;

· the impact of unforeseen changes in interest rates, equity markets, inflation rates, economic recession and

other external factors over which we have no control, including the effect on pension expense and
funding resulting from changes in stock and bond market returns;

S-3
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· risks associated with pending or possible acquisitions and dispositions, including our ability to finance or

integrate any such acquisitions and any regulatory delay or conditions imposed by regulatory bodies in
connection with any such acquisitions and dispositions;

· the results of administrative proceedings and litigation involving the Oklahoma Corporation

Commission, Kansas Corporation Commission, Texas regulatory authorities or any other local, state or
federal regulatory body, including the Federal Energy Regulatory Commission;

· our ability to access capital at competitive rates or on terms acceptable to us;

· the risk of a significant slowdown in growth or decline in the U.S. economy or the risk of delay in growth

or recovery in the U.S. economy;

· risks associated with adequate supply to our gathering and processing, fractionation and pipeline

facilities, including production declines which outpace new drilling;

· risks inherent in the implementation of new software, such as our customer service system, and the

impact on the timeliness of information for financial reporting;

· the risk that material weaknesses or significant deficiencies in our internal controls over financial

reporting could emerge or that minor problems could become significant;

· the impact of the outcome of pending and future litigation;

· the possible loss of franchises or other adverse effects caused by the actions of municipalities; and

· the other factors listed in the reports we have filed and may file with the Securities and Exchange

Commission, which are incorporated by reference.
Other factors and assumptions not identified above were also involved in the making of the forward-looking
statements. The failure of those assumptions to be realized, as well as other factors, may also cause actual results
to differ materially from those projected. We have no obligation and make no undertaking to update publicly or
revise any forward-looking information.

S-4
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Document Outline

sec.gov
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