debt
confidence high
sentiment neutral
materiality 0.50
APA establishes $1.8B commercial paper program guaranteed by Apache Corp
APA Corp
- Program allows up to $1.8B in unsecured short-term notes; maturities up to 397 days.
- Apache Corporation provides guarantee until its senior debt outstanding falls below $1.0B.
- Proceeds to be used for general corporate purposes; no notes issued as of filing date.
- Notes rank pari passu with other unsecured unsubordinated debt of APA and Apache.