BRIEF-Antero Resources Announces Pricing Of Upsized $700 Mln Offering Of Senior Notes

BY Reuters | CORPORATE | 01/11/21 04:38 PM EST

Jan 11 (Reuters) - Antero Resources Corp (AR):

* ANTERO RESOURCES ANNOUNCES PRICING OF UPSIZED $700 MILLION OFFERING OF SENIOR NOTES

* ANTERO RESOURCES (AR) - PRICING OF PRIVATE PLACEMENT TO ELIGIBLE PURCHASERS OF $700 MILLION IN AMOUNT OF 7.625% SENIOR UNSECURED NOTES DUE 2029

* ANTERO RESOURCES (AR)- INTENDS TO USE PORTION OF NET PROCEEDS FROM OFFERING TO FUND REDEMPTION OF ALL $311 MILLION AMOUNT OF ITS 5.125% SENIOR NOTES DUE 2022 Source text for Eikon: Further company coverage:

In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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