APA Corporation announced the extended early results as of 5:00 p.m., New York City time, on December 20, 2024 of the previously announced offers to exchange any and all validly tendered and accepted notes and debentures listed in the table below issued by Apache Corporation, its wholly-owned subsidiary, for new notes to be issued by APA, offers to purchase for cash up to $1,000,000,000 aggregate principal amount of any and all validly tendered and accepted Apache Notes of certain series, and solicitations of consents to certain 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. The Offers and Consent Solicitations will expire at 5:00 p.m., New York City time, on January 7, 2025, and the Offers are expected to settle on January 10, 2025.
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Read More on APA:
- Apache call volume above normal and directionally bullish
- APA Corp. price target lowered to $23 from $26 at Piper Sandler
- APA Corp. announces early results of private exchange offers
- APA Corp. downgraded to Equal Weight from Overweight at Wells Fargo
- APA Corp. price target lowered to $24 from $25 at Mizuho
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