Antero Resources prices upsized $750M offering of senior notes

Antero Resources Corp. (NYSE: AR) has priced its private placement to eligible purchasers of $750 million in aggregate principal amount of 5.625% senior unsecured notes due June 2023 at par. The offering is expected to close on March 17.

Antero estimates that it will receive net proceeds of approximately $739 million, after deducting the initial purchasers' discounts and estimated expenses, which it intends to use to repay a portion of the outstanding borrowings under its credit facility.

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