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Anadarko Shores Up Balance Sheet in Debt Buyback

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Anadarko Shores Up Balance Sheet in Debt Buyback

Anadarko Petroleum Corporation has announced that it has amended the terms of its previously announced tender offer to purchase for cash its outstanding 6.375% Senior Notes due 2017 to increase the aggregate principal amount of Notes that may be purchased to $1,250,000,000 from $1,000,000,000.

All other terms of the tender offer, as previously announced, remain unchanged. Anadarko also announced the early tender results of the tender offer. The tender offer is being made upon, and is subject to, the terms and conditions set forth in the Offer to Purchase, dated April 8, 2016, and the related Letter of Transmittal.

The table below identifies the principal amount of Notes validly tendered prior to 5:00 p.m., New York City time, on April 21, 2016.

Anadarko has accepted for purchase only the…

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