E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 11/9/2009 in the Prospect News High Yield Daily.

Antero Resources to sell $300 million eight-year notes Nov. 9 week

By Paul A. Harris

St. Louis, Nov. 9 - Antero Resources Finance Corp. will hold a roadshow for its $300 million offering of eight-year senior notes during the early part of the Nov. 9 week, according to an informed source.

The deal is expected to price late in the week.

J.P. Morgan Securities Inc., Barclays Capital Inc. and Wells Fargo Securities are joint bookrunners for the Rule 144A and Regulation S with registration rights offering.

Credit Suisse Securities, BNP Paribas Securities Corp., Calyon Securities, Deutsche Bank Securities Inc., Lloyds, Mitsubishi, US Bancorp, Comerica Investments and KeyBanc Capital Markets Inc. are co-managers.

The notes come with four years of call protection.

Credit ratings remain to be determined.

Proceeds will be used to repay bank debt.

Antero Resources is a Denver-based oil and gas company with properties primarily located in the Appalachian Basin, Arkoma Basin and Piceance Basin.


© 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.