New Issue - Anadarko sells $900 mln debt in 3 parts

June 9 (Reuters) - Oil and gas exploration company
Anadarko Petroleum Corporation (APC.N) on Tuesday sold $900
million in a three-part debt sale, said IFR, a Thomson Reuters
service.

The size of the deal was increased from an originally
planned $750 million.

Citigroup and Morgan Stanley were the active bookrunning
managers for the sale. Bank of America and RBS were the passive
bookrunning managers for the sale.
BORROWER: ANADARKO PETROLEUM CORPORATION
FIRST TRANCHE:
AMT $275 MLN COUPON 5.75 PCT MATURITY 6/15/2014
TYPE SR UNS NTS ISS PRICE 99.733 FIRST PAY 12/15/2009
MOODY'S Baa3 YIELD 5.812 PCT SETTLEMENT 6/12/2009
S&P BBB-MINUS SPREAD 295 BPS PAY FREQ SEMI-ANNUAL
FITCH BBB-MINUS MORE THAN TREAS MAKE-WHOLE CALL 50 BPS
SECOND TRANCHE:
AMT $300 MLN COUPON 6.95 PCT MATURITY 6/15/2019
TYPE SR UNS NTS ISS PRICE 98.881 FIRST PAY 12/15/2009
MOODY'S Baa3 YIELD 7.108 PCT SETTLEMENT 6/12/2009
S&P BBB-MINUS SPREAD 325 BPS PAY FREQ SEMI-ANNUAL
FITCH BBB-MINUS MORE THAN TREAS MAKE-WHOLE CALL 50 BPS
THIRD TRANCHE:
AMT $325 MLN COUPON 7.95 PCT MATURITY 6/15/2039
TYPE SR UNS NTS ISS PRICE 99.659 FIRST PAY 12/15/2009
MOODY'S Baa3 YIELD 7.98 PCT SETTLEMENT 6/12/2009
S&P BBB-MINUS SPREAD 335 BPS PAY FREQ SEMI-ANNUAL
FITCH BBB-MINUS MORE THAN TREAS MAKE-WHOLE CALL 50 BPS