DENVER, March 3, 2015
/PRNewswire/ -- Antero Resources Corporation (NYSE: AR)
("Antero" or the "Company") announced today that, subject to market
conditions, it intends to offer $500
million in aggregate principal amount of senior unsecured
notes due 2023 in a private placement to eligible purchasers.
Antero intends to use the net proceeds of the offering to repay
a portion of the outstanding borrowings under its credit
facility. The securities to be offered have not been
registered under the Securities Act of 1933 as amended, (the
"Securities Act"), or any state securities laws; and unless so
registered, the securities may not be offered or sold in
the United States except pursuant
to an exemption from, or in a transaction not subject to, the
registration requirements of the Securities Act and applicable
state securities laws. The notes are expected to be eligible for
trading by qualified institutional buyers under Rule 144A and
outside the United States pursuant
to Regulation S.
This press release is being issued pursuant to Rule 135c under
the Securities Act, and is neither an offer to sell nor a
solicitation of an offer to buy the notes or any other securities
and shall not constitute an offer to sell or a solicitation of an
offer to buy, or a sale of, the notes or any other securities in
any jurisdiction in which such offer, solicitation or sale is
unlawful.
Antero Resources is an independent natural gas and oil
company engaged in the acquisition, development and production of
unconventional liquids-rich natural gas properties located in the
Appalachian Basin in West
Virginia, Ohio and
Pennsylvania. The Company's
website is located at
www.anteroresources.com.
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SOURCE Antero Resources Corporation