Simpson Thacher represented the underwriters, led by J.P. Morgan Securities LLC, BofA Securities, Inc. BMO Capital Markets Corp. and Scotia Capital (USA) Inc., in connection with the registered public offering by Apache Corporation of $500 million aggregate principal amount of its 4.625% Senior Notes due 2025 and $750 million aggregate principal amount of its 4.875% Senior Notes due 2027. Apache (Nasdaq: APA) used the proceeds from the offering to fund its waterfall cash tender offer to purchase a portion of several series of its outstanding senior notes, to repay other indebtedness and for general corporate purposes. The Firm also represented J.P. Morgan Securities LLC, BofA Securities, Inc. and BMO Capital Markets Corp. as dealer managers in connection with the tender offer.
Apache Corporation is an oil and gas exploration and production company with operations in the United States, Egypt and the United Kingdom and exploration activities offshore Suriname.
The Simpson Thacher team included Art Robinson, Brian E. Rosenzweig, Christine Turner, Kirsten Harmon and Braxton Pitts (Capital Markets); Jonathan Cantor, Jodi Schneider and Suzy Yaster (Tax); Pasco Struhs (ECEB); Jennie Getsin (FINRA); Adeeb Fadil and Noreen Lavan (Environmental); and Lori Lesser and Corina McIntyre (IP).