Simpson Thacher represented J.P. Morgan Securities Inc., Barclays Capital Inc. and the other underwriters in Anadarko Petroleum Corporation’s SEC-registered offering of $2.0 billion of 6.375% Senior Notes due 2017. The offering closed on August 12, 2010.
Anadarko is one of the world’s largest independent oil and natural gas exploration and production companies. The Company expects to use the proceeds to repay existing indebtedness and for general corporate purposes.
Simpson Thacher is also representing the lending group that has provided commitments to Anadarko for a $5.0 billion senior secured revolving credit facility expected to close in the third quarter of 2010.
The Simpson Thacher team includes Gary Sellers, John Ericson, Robert Laplante, Julia Gaffin, Jonathan Ozner and former summer associate Joshua Polster (Capital Markets); Alan Brenner, Erik Hepler, Kathrine McLendon, Brett Pearlman, Julia Kohen and Bianca Bowen (Credit); Adeeb Fadil (Environmental); Jonathan Cantor and Andrew Purcell (Tax); Alvin Brown and Stephanie Mash (Executive Compensation and Employee Benefits); Mardi Merjian and Beattie Branch (Real Estate); Devin Ryan (Litigation); and Jennie Getsin (FINRA). Paralegals Matthew Nestler and William McGuire also provided valuable assistance.