Antero Midstream Announces Pricing of Upsized $650 Million Offering of Senior Notes

Core Viewpoint - Antero Midstream Corporation has announced a private placement of $650 million in senior unsecured notes, with an interest rate of 5.75% due in 2033, expected to close on September 22, 2025 [1]. Group 1: Financial Details - The company estimates net proceeds of approximately $642 million after deducting discounts and expenses, which will be used to redeem its existing 5.75% senior notes due 2027 at a redemption price of 100% plus accrued interest [2]. - The offering of the new notes is not contingent upon the completion of the redemption of the 2027 Notes [2]. Group 2: Regulatory Information - The notes have not been registered under the Securities Act of 1933 and can only be offered to qualified institutional buyers under Rule 144A and outside the U.S. under Regulation S [3]. - This announcement does not constitute an offer to sell or a solicitation to buy the notes in any jurisdiction where such an offer would be unlawful [4]. Group 3: Company Overview - Antero Midstream Corporation is based in Delaware and operates midstream gathering, compression, processing, and fractionation assets in the Appalachian Basin, along with integrated water assets servicing Antero Resources Corporation [5].