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Antero Resources to redeem 7¼% notes due 2019 via new offering
By Tali Rackner
Norfolk, Va., April 23 - Antero Resources Corp. plans to use the proceeds from a senior note offering to redeem its 7¼% senior notes due 2019, according to a news release.
Remaining net proceeds will be used to repay a portion of the outstanding borrowings under its credit facility.
Antero is a Denver-based oil and natural gas company that exploits, develops and acquires unconventional oil and liquids-rich natural gas properties in the Appalachian Basin in West Virginia, Ohio and Pennsylvania.
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