Anadarko Announces Pricing of $1.25 Billion of Senior Notes
Anadarko Petroleum Corporation (NYSE: APC) today announced it has priced its registered public offering of $1.25 billion aggregate principal amount of senior notes comprised of $625 million 3.450-percent senior notes due 2024, and $625 million 4.500-percent senior notes due 2044.
Anadarko expects to close the offering on July 7, 2014, and will use the net proceeds from the offering for general corporate purposes.
Barclays Capital Inc., Deutsche Bank Securities Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, Citigroup Global Markets Inc., JPMorgan Securities LLC, and RBS Securities Inc., are acting as joint book-running managers for the offering. The offering is being made only by means of a prospectus and related prospectus supplement.