Apache's $3B bond bonanza

GLOBAL oil and gas company Apache Corporation has sold $US3 billion ($A2.9 billion) in bonds to fund the cash portion of its acquisition of Cordillera Energy.

Apache announced a public offering consisting of $400 million of 1.75% five-year notes, $1.1 billion of 3.25% notes due in 2012, and $1.5 billion of 4.75% notes due in 2043.


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