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Published on 4/5/2016 in the Prospect News High Yield Daily, Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

Anadarko Petroleum intends to redeem all 5.95% senior notes due 2016

By Tali Rackner

Norfolk, Va., April 5 – Anadarko Petroleum Corp. plans to redeem all of its 5.95% senior notes due 2016, according to a notice.

The notes will be redeemed on May 2 at the greater of par and the percentage of the principal amount as determined by the quotation agent. The company will also pay accrued interest up to but excluding the redemption date.

Bank of New York Mellon Trust Co., NA is the paying agent.

Anadarko Petroleum is a the Woodlands, Texas, oil and gas exploration and production corporation.


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