Text Size:
A | A

Antero Resources Prices Upsized Senior Notes Offer

Text Size: A | A
 
April 24, 2014

Antero Resources Corp. (NYSE: AR) priced a private placement offer of 5.125% senior unsecured notes at $600 million, the company said April 23.

The notes are due Dec. 2022 and the offer is scheduled to close May 6, Antero Resources said.

The company expects proceeds of about $591.6 million after certain deductions, and plans to use $277.5 million of that amount to finance its 7.25% senior note redemption, the company said.

The 7.25% notes are due 2019, Antero Resources added, noting that any remaining proceeds will repay part of the ...


Already a subscriber? Log In
Password:
 
Does your company have a site license? Inquire here
Already a print subscriber? Upgrade your magazine subscription