Apache Corporation’s $1.0 Billion Notes Offering

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 advised Apache with a team including Troy L. Harder (Picture), Michele J. Alexander, Matt Paulson, Kathy Witty Medford, Jay N. Larry and Ryan Davis.


Involved fees earner: Troy Harder – Bracewell; Kathy Witty Medford – Bracewell; Jay Larry – Bracewell; Ryan Davis – Bracewell; Michele Alexander – Bracewell; Matt Paulson – Bracewell;

Law Firms: Bracewell;

Clients: Apache Corporation;


Author: Ambrogio Visconti