Anadarko closes $3B senior notes offering

Anadarko Petroleum Corp. (NYSE: APC) has closed its registered public offering of $3 billion aggregate principal amount of senior notes comprising $800 million 4.85% senior notes due 2021, $1.1 billion 5.55% senior notes due 2026, and $1.1 billion 6.60% senior notes due 2046.

The company intends to use the net proceeds from the offering, along with cash on hand, to retire its 5.95% senior notes prior to or at maturity in September 2016 and its 6.375% senior notes prior to or at maturity in September 2017.

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


The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

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 ...