Antero Resources has priced its private placement of US $225 million of 6% senior unsecured notes due 2020 at 103.000%.

The offering was upsized from the previously announced US $150 million offering. The notes are being offered as additional notes to Antero Resources’ issue of US $300 million of its 6% senior unsecured notes due 2020 sold in a private placement on Nov. 19. The offering is expected to close on Feb. 4.

Antero estimates that it will receive net proceeds of US $228.3 million. Proceeds will be used to ...