Anadarko Petroleum Corp.

Description

Priced a public offering of 35.25 million common shares. Underwriter J.P. Morgan Securities LLC received a 30-day option to purchase about 5.28 million additional shares.Net proceeds will likely fund the acquisition of deepwater Gulf of Mexico assets from an unaffiliated third party, and any remaining net proceeds will support general corporate purposes.

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Estimated Price
$1,921.0MM
Financing Type
Report Date