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Issuer Free Writing Prospectus, dated August 9, 2010
Filed Pursuant to Rule 433 under the Securities Act of 1933
Registration No. 333-161370
(Anadarko Logo)
Anadarko Petroleum Corporation
Pricing Term Sheet
$2,000,000,000 6.375% Senior Notes due 2017
     
Issuer:
  Anadarko Petroleum Corporation
 
   
Distribution:
  SEC registered
 
   
Security Description:
  6.375% Senior Notes due 2017
 
   
Aggregate Principal Amount:
  $2,000,000,000
 
   
Gross Proceeds:
  $2,000,000,000
 
   
Net Proceeds (Before Expenses):
  $1,965,000,000
 
   
Maturity:
  September 15, 2017
 
   
Coupon:
  6.375%
 
   
Offering Price:
  100.00% of principal amount
 
   
Yield to Maturity:
  6.375%
 
   
Spread to Benchmark Treasury:
  +415.6 bps
 
   
Benchmark Treasury:
  UST 2.375% due July 31, 2017
 
   
Benchmark Yield:
  2.219%
 
   
Interest Payment Dates:
  Semi-annually on each March 15 and September 15, commencing March 15, 2011
 
   
Make-Whole Redemption:
  Make-whole call @ Treasury Rate + 50 basis points
 
   
Trade Date:
  August 9, 2010

 


 

     
Settlement:
  T+3 (August 12, 2010)
 
   
CUSIP:
  032511BH9
 
   
ISIN:
  US032511BH96
 
   
Denominations/Multiple:
  $2,000/$1,000
 
   
Joint Book-Running Managers:
  J.P. Morgan Securities Inc.
 
  Barclays Capital Inc.
 
  Citigroup Global Markets Inc.
 
  Credit Suisse Securities (USA) LLC
 
  Deutsche Bank Securities Inc.
 
  Goldman, Sachs & Co.
 
  Morgan Stanley & Co. Incorporated
 
  UBS Securities LLC
 
   
Co-Managers:
  Banc of America Securities LLC
 
  DnB NOR Markets, Inc.
 
  RBS Securities Inc.
 
  SG Americas Securities, LLC
 
  Wells Fargo Securities, LLC
The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you to the prospectus if you request it by calling J.P. Morgan Securities Inc. (collect) at 1-212-834-4533; Barclays Capital Inc. at (888) 603-5847; Citigroup Global Markets Inc. at 1-877-858-5407; Credit Suisse Securities (USA) LLC at 1-800-221-1037; Deutsche Bank Securities Inc. at 1-800-503-4611; Goldman, Sachs & Co. at 212-902-1171 or 866-471-2526; Morgan Stanley & Co. Incorporated at 866-718-1649; and UBS Securities LLC at 1-877-827-6444 ext. 561-3884.