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 $1.0 billion in aggregate principal amount of 4.375% notes due 2028 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 for 10 series of its outstanding debt securities, with a maximum aggregate purchase price of $820 million.
The joint book-running managers for the notes offering and the dealer-managers for the tender offers were BofA Merrill Lynch, Credit Suisse and J.P. Morgan.
Bracewell lawyers involved in the Apache transaction include:
Partners: Troy L. Harder and Matt Paulson