Apache Corp. - 2012-04-04
Priced $3 billion in aggregate principal amount of notes in a public offering consisting of $400 million principal amount of 1.75% notes due in 2017, $1.1 billion principal amount of 3.25% notes due in 2022, and $1.5 billion principal amount of 4.75% notes due in 2043 to fund the cash portion of the purchase price to be paid to acquire Cordillera Energy Partners III LLC, repayment of Apache's $400 million in aggregate principal amount of 6.25% notes which mature on April 15, 2012, and for general corporate purposes. Joint book-running managers for the notes are Citigroup, Goldman, Sachs & Co., J.P. Morgan, BofA Merrill Lynch, BMO Capital Markets, Deutsche Bank Securities, HSBC, Mitsubishi UFJ Securities, Morgan Stanley, RBC Capital Markets, RBS, UBS Investment Bank and Wells Fargo Securities.