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. 


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