Antero Resources to redeem $525 million 6% notes due 2020

By Marisa Wong

Morgantown, W.Va., Dec. 7 – Antero Resources Corp. said it plans to redeem its $525 million of outstanding 6% senior notes due 2020 using proceeds from an offering of new senior notes.

On Wednesday the company priced an upsized $600 million private placement of notes due 2025.

Remaining proceeds from the Rule 144A and Regulation S offering will be used for general corporate purposes.

Antero is a natural gas and oil company based in Denver.

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