New Issue-Antero Resources sells $375 mln in 8-yr notes

Thu Nov 12, 2009 5:19pm EST 

 Nov 12 (Reuters) - Antero Resources Finance Corp on
Thursday sold $375 million of senior notes in the 144a private
placement market, said IFR, a Thomson Reuters service.
 The size of the deal was increased from an originally
planned $300 million.
 JPMorgan, Barclays and Wells Fargo were the joint
bookrunning managers for the sale.
BORROWER: ANTERO RESOURCES FINANCE CORPORATION
AMT $375 MLN     COUPON 9.375 PCT    MATURITY 12/1/2017 
TYPE SR NTS      ISS PRICE 99.299    FIRST PAY 6/1/2010 
MOODY'S Caa1     YIELD 9.50 PCT      SETTLEMENT 11/17/2009
S&P B-PLUS       SPREAD 631 BPS      PAY FREQ SEMI-ANNUAL
FITCH N/A         MORE THAN TREAS    NON-CALLABLE 4 YRS*
* MAKE-WHOLE CALL 50 BPS
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