| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers A > Headlines for Antero Resources Corp. > News item |
Antero Resources driving by with $500 million 8.75-year notes, initial talk 5¾% to 6%
By Paul A. Harris
Portland, Ore., May 17 – Antero Resources Corp. plans to price a $500 million offering of senior notes due in 2030 (expected ratings B1/B+) in a Monday drive-by, according to market sources.
Initial guidance is 5¾% to 6%.
JPMorgan is leading the Rule 144A and Regulation S offer.
The 8.75-year notes come with 3.75 years of call protection.
The Denver-based independent natural gas and natural gas liquids company plans to use the proceeds plus a draw on its revolver to redeem its 5 5/8% senior notes due 2023.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.