Antero Midstream Corporation announced the pricing of its upsized private placement of $600 million in aggregate principal amount of 5.75% senior unsecured notes due 2034 at par.
The offering is expected to close on December 23, 2025, subject to customary closing conditions.
Antero Midstream estimates receiving net proceeds of approximately $593 million after deducting discounts and expenses.
Net proceeds from the offering will be used with borrowings and proceeds from a disposition to fund an acquisition.
The completion of the offering is not contingent on the acquisition or disposition.
Offering Details
$600 million in aggregate principal amount of 5.75% senior unsecured notes due 2034 at par.
Net Proceeds
Estimated net proceeds of approximately $593 million after deducting discounts and expenses.
Funding Plan
Proceeds will be used with borrowings and proceeds from a disposition to fund an acquisition.
- Antero Midstream aims to secure funds for a significant acquisition and related expenses.
- The offering showcases the company's ability to attract investment in the senior notes market.
Antero Midstream's successful pricing of the senior notes demonstrates investor confidence in the company's growth strategy and future prospects.