Antero to redeem $350 million of 5 1/8% senior notes due 2022

By Taylor Fox

New York, Dec. 17 – Antero Resources Corp. plans to redeem $350 million of its 5 1/8% senior notes due 2022 using proceeds from a $500 million offering of senior notes due 2026, according to a news release.

The 2022 notes will be redeemed at par plus interest.

The partial redemption is expected to be conditioned on the completion of the notes offering.

All remaining proceeds from the new notes will be used to repay borrowings under its credit facility.

Antero Resources is a Denver-based gas and oil company.

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