04:25 AM EST, 01/08/2025 (MT Newswires) -- APA (APA) said late Tuesday it has priced a private offering of $350 million worth of 6.10% notes due 2035 and $500 million worth of 6.75% notes due 2055.

Gross proceeds from the offering, due to close Friday, are expected to total about $846 million, the company said.

APA plans to use net proceeds to purchase a portion of debt issued by its Apache subsidiary.