Antero Midstream Partners LP Announces Secondary Offering of Common Units

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Antero Midstream Partners (AM) 8M Common Secondary Offering Prices at $22.40/Unit

March 24, 2016 7:32 AM EDT

Antero Midstream Partners LP (NYSE: AM) announced the pricing of an underwritten public offering of 8,000,000 common units (the "Offering") representing limited partner interests in Antero Midstream held by Antero Resources Corporation (NYSE: AR) at a price of $22.40 per unit for aggregate gross proceeds to Antero Resources Corporation of approximately $179 million before estimated offering expenses. Antero Midstream will not receive any proceeds from the sale of common units in the Offering. In connection with the Offering, Antero Resources granted the underwriter a 30-day option to purchase up to an additional... More

Antero Resources (AR) Prices 8M Common Secondary Offering at $22.40/Unit

March 24, 2016 7:31 AM EDT

Antero Resources Corporation (NYSE: AR) ("Antero Resources" or the "Company") announced today the pricing of an underwritten public offering of 8,000,000 common units (the "Offering") representing limited partner interests in Antero Midstream Partners LP (NYSE: AM) (the "Partnership") held by Antero Resources at a price of $22.40 per common unit for aggregate gross proceeds of approximately $179 million before estimated offering expenses. In connection with the Offering, Antero Resources granted the... More