debt
confidence high
sentiment neutral
materiality 0.45
Antero Resources Calls Entire $26.4M of 4.25% Convertible Notes Due 2026 for April 1 Redemption
ANTERO RESOURCES Corp
- Calls all $26,386,000 outstanding 4.25% Convertible Senior Notes due 2026 for redemption on April 1, 2024.
- Redemption price: 100% of principal plus accrued interest, equals $1,003.54 per $1,000 note.
- Holders may convert notes until March 28, 2024; conversion rate set at 230.2026 shares of common per $1,000 principal.
- Company will settle conversions with common stock shares and cash in lieu of fractional shares.
- Based on current stock price, no additional shares added from make-whole provision adjustment.