Apache begins cash tender offer

Apache Corp.

Apache Corp. (NYSE, Nasdaq: APA) has begun a cash tender offer to purchase up to $850 million aggregate principal amount of five series of its outstanding notes. The terms and conditions of the tender offer are described in detail in an Offer to Purchase dated Nov. 21 and a related Letter of Transmittal.

In the tender offer, Apache is offering to purchase up to $850 million aggregate principal amount of its 2.625% notes due 2023, 3.25% notes due 2022, 3.625% notes due 2021, 4.75% notes due 2043, and 4.25% notes due 2044.

The tender offer is scheduled to expire at 11:59 p.m., Eastern time, on Dec. 19. 


Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...