Bracewell Represents Apache Corporation in $1.25 Billion Notes Offering and Concurrent Tender Offers

HOUSTON – Bracewell LLP represented Apache Corporation (NASDAQ: APA) in the offering of $500 million in aggregate principal amount of 4.625% notes due 2025 and $750 million in aggregate principal amount of 4.875% notes due 2027 in an underwritten public offering.

Apache used a portion of the net proceeds from the notes offering to purchase a portion of its outstanding senior indebtedness in cash tender offers with respect to seven series of its outstanding debt securities, with a maximum aggregate purchase price of $638 million.

The active joint book-running managers for the notes offering were J.P. Morgan, BofA Securities, BMO Capital Markets and Scotiabank. The dealer-managers for the tender offers were J.P. Morgan, BofA Securities and BMO Capital Markets.

Bracewell lawyers involved in the transaction included:

Partners: Troy L. Harder and Catherine Hood

Associates: Kate Barrington McGregor