Antero Floats $600M in New IOUs to Pay Off Older Debt

|

Antero Resources, one of the biggest drillers in the Marcellus, is going shopping for cash. In September Antero’s midstream (i.e. pipeline) subsidiary went shopping for cash and got $650 million (see Antero Midstream Floats $650M in New IOUs). Antero the mother ship is now shopping, looking to raise $600 million by floating new IOUs, otherwise called “notes.” The company plans to use most of it to pay off older debt…

Please Login to view this content. (Not a member? Join Today!)
You do not have permission to view the comments.