APA Corp issues $850M new notes, completes $3.74B exchange & $869M tender of Apache debt

APA Corp

Issued $350M 6.10% notes due 2035 and $500M 6.75% notes due 2055; net proceeds ~$839M funded cash tender.
Exchanged $3.74B aggregate principal of 14 series of Apache notes for new APA Exchange notes with identical terms.
Cash tender offers paid $868.9M to retire $1.34B of Apache 2037/2040/2042/2043/2044 notes.
After offers, ~$1B in Apache notes remain; consent solicitations adopted to remove restrictive covenants.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.