Antero Resources Corp. (NYSE: AR) has called for redemption all of its outstanding 9.375% senior notes due 2017 on Dec. 1 at 104.688% of the principal amount, plus accrued and unpaid interest to the redemption date.
The redemption of the 2017 notes will be funded with a portion of the proceeds of Antero's offering of 5.375% senior notes due 2021, which is expected to close on Nov. 5, subject to the satisfaction of customary closing conditions.
Antero Resources Corp. is an independent energy company engaged in the exploitation, development and acquisition of unconventional oil and liquids-rich natural gas properties primarily located in the Appalachian Basin. The company is based in Denver.
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