Bracewell Represents Apache Corporation in $1.0 Billion Notes Offering and Concurrent Tender Offers

HOUSTON – Bracewell LLP represented Apache Corporation (NYSE, NASDAQ: APA) in the offering of $600 million in aggregate principal amount of 4.250% notes due 2030 and $400 million in aggregate principal amount of 5.350% notes due 2049 in an underwritten public offering.

Apache used the net proceeds from the notes offering to purchase a portion of its outstanding senior indebtedness in cash tender offers with respect to nine series of its outstanding debt securities, with a maximum aggregate purchase price of $1 billion. 

The joint book-running managers for the notes offering and the dealer-managers for the tender offers were Citigroup Global Markets Inc., HSBC Securities (USA) Inc., TD Securities (USA) LLC and Wells Fargo Securities, LLC.

Bracewell lawyers involved in the transaction included:

Partners: Troy L. Harder

Associates: Kathy Witty Medford, Jay N. Larry and Shannon Baldwin