Skip to main content

Anadarko announces pricing of US$3 billion of senior notes

Published by
LNG Industry,

Anadarko Petroleum Corp., the developer of the Mozambique LNG project, has announced that it has priced its registered public offering of US$3 billion aggregate principal amount of senior notes comprised of US$800 million 4.85% senior notes due 2021, US$1.1 billion 5.55% senior notes due 2026, and US$1.1 billion 6.60% senior notes due 2046.

Anadarko Corp. added that it expects to close the offering on 17 March 2016, subject to customary closing conditions. The company intends to use the net proceeds from the offering to refinance its 5.95% senior notes prior to or at maturity in September 2016. The remaining net proceeds will be used to refinance a portion of its 6.375% senior notes prior to or at maturity in September 2017. In the interim. Anadarko may use the net proceeds for general corporate purposes.

Edited from press release by

Read the article online at:

You might also like


[WEBINAR] Insulation advances: Mitigating noise and CUI in your LNG plant

Heightened noise levels are harmful to the well-being and productivity of a plant’s personnel as well as the surrounding environment. With excessive noise presenting so many financial and health and safety risks, LNG plants need reliable, cost-effective noise-reduction solutions. This webinar will outline the most popular acoustic standards in the industry today and distill down to the audience what they need to know in order to best protect their work personnel and profits.

Register for your free space today »


OLT receives small scale LNG green light

The Ministry of Economic Development has issued a decree authorising OLT Offshore LNG Toscana to provide the discharge of LNG in to small scale LNG carriers.


Embed article link: (copy the HTML code below):