The Houston-based company said net proceeds from the debt sale will total about $489 million. It expects to use the money to repay debt and for other general expenses.
The notes will be issued at a price equal to 99.5 percent of their face value.
Shares rose 36 cents to $34.20 in aftermarket trading after closing Tuesday at $33.84, down 60 cents on the day.
A service of YellowBrix, Inc.
