Antero to use $63 million of revolver to repurchase convertibles

By Taylor Fox

New York, Jan. 7 – Antero Resources Corp. plans to use $63 million of borrowings under its revolving credit facility and proceeds from its offering of 31.4 million shares of common stock to repurchase $150 million of convertible notes, according to a news release.

Antero Resources is a Denver-based gas and oil company.

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