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Antero Midstream to redeem $650 million 5 3/8% notes due 2024
By Rebecca Melvin
Concord, N.H. May 24 – Antero Midstream Corp. plans to redeem all $650 million of its 5 3/8% senior notes due 2024, using proceeds of a new notes offering and credit facility borrowings, according to a company release.
The company will pay 102.688 plus interest for the notes. The redemption is conditioned on completion of the offering of the new 2029 notes, which is expected to be $650 million in size and is not contingent upon the completion of the redemption.
The Denver-based company develop, owns and operates midstream energy infrastructure.
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