Antero Resources - 2011-07-27
Description
The company intends to offer $300 million in aggregate principal amount of senior unsecured notes due 2019 in a private placement to eligible purchasers.
Antero intends to use the net proceeds of this offering to repay a portion of the outstanding borrowings under its senior secured revolving credit facility and for general corporate purposes, including potential acquisitions of additional properties in its core areas.