LNG

April 4 (LNGJ) - Apache Corp. said it priced $3 billion in aggregate principal amount of notes in a public offering consisting of $400 million principal amount of 1.75 percent notes due in 2017, $1.1Bln principal amount of 3.25 percent notes due in 2022, and $1.5Bln of 4.75 percent notes due in 2043. Apache intends to use proceeds from the offering to fund the cash portion of the purchase price to be paid to acquire Cordillera Energy Partners, repayment of Apache's $400M in aggregate principal amount of 6.25 percent notes which mature on April 15, 2012, and for general corporate purposes. Net proceeds to Apache, after deducting the underwriting discounts and estimated offering expenses, are expected to be about $2.96Bln. The offering is expected to close April 9. Joint book-running managers for the notes are Citigroup, Goldman, Sachs & Co., J.P. Morgan, BofA Merrill Lynch, BMO Capital Markets, Deutsche Bank Securities, HSBC, Mitsubishi UFJ Securities, Morgan Stanley, RBC Capital Markets, RBS, UBS Investment Bank and Wells Fargo Securities.