Apa corporation announces results of private exchange offers, tender offers, and consent solicitations at extended early consent date and upsizing of tender offers

Houston, dec. 23, 2024 (globe newswire) -- apa corporation (“apa”) (nasdaq: apa) announced today the extended early results as of 5:00 p.m., new york city time, on december 20, 2024 (the “extended early consent date”) of the previously announced (i) offers to exchange (the “exchange offers”) any and all validly tendered and accepted notes and debentures listed in the table below issued by apache corporation, its wholly-owned subsidiary (“apache”), for new notes to be issued by apa (the “apa notes”), (ii) offers to purchase for cash (the “tender offers” and together with the exchange offers, the “offers”) up to $1,000,000,000 aggregate principal amount of any and all validly tendered and accepted apache notes of certain series (the “apache tender notes”), and (iii) solicitations of consents (the “consent solicitations”) to certain proposed amendments (the “proposed amendments”) to the applicable indenture under which each series of apache notes was issued. additionally, apa announced that the series cap for the 2043 notes has been increased to $196,043,000 and the series cap for the 2044 notes has been increased to $110,002,000.
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