ANTERO RESOURCES Corp (AR): M&A transaction — Antero Resources completes $2.8B acquisition of HG Energy II Production Holdings; borrows $1.5B term loan

ANTERO RESOURCES Corp

Acquired HG Energy II Production Holdings for ~$2.8B in cash; transaction closed Feb 3, 2026.
Borrowed $1.5B under new Term Loan A Facility (unsecured, matures Feb 2029) to partially fund the deal.
Term Loan A Facility carries variable interest (SOFR + 1.125%-2.00%) and a 65% debt-to-capitalization covenant.
First Amendment to purchase agreement (Dec 22, 2025) revised certain annexes; deal terms otherwise unchanged.
Financial statements of acquired business to be filed within 71 days after closing.

item 1.01 item 2.03 item 2.01 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

ANTERO RESOURCES Corp incurred term loan of $1.5 billion with Royal Bank of Canada at Term SOFR or an Alternate Base Rate at our option, in each case, plus an Applica maturing February 3, 2029.

Instrument: term loan
Principal: $1.5 billion
Counterparty: Royal Bank of Canada
Rate: Term SOFR or an Alternate Base Rate at our option, in each case, plus an Applica
Maturity: February 3, 2029
Event: incurrence

Exact text from the filing

the “Lenders”). Borrowings under the Term Loan A Facility are unsecured and not guaranteed by any of the Company’s subsidiaries. On February 3, 2026, the Company borrowed $1.5 billion in a single borrowing to partially fund the Antero Resources HG Acquisition. The Term Loan A Facility is scheduled to mature on February 3, 2029. The Term Loan A Facility

View on SEC.gov

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

ANTERO RESOURCES Corp completed an acquisition involving HG Energy II LLC for approximately $2.8 billion (closed 2026-02-03).

Action: acquisition
Counterparty: HG Energy II LLC
Consideration: approximately $2.8 billion
Closing: 2026-02-03

Exact text from the filing

On February 3, 2026, Antero Resources Corporation (the “Company”) completed the previously announced acquisition of HG Energy II Production Holdings, LLC (“HG Production”) from HG Energy II LLC (“HG Energy”) for cash consideration of approximately $2.8 billion

View on SEC.gov

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

ANTERO RESOURCES Corp entered into Purchase Agreement with HG Energy, HG Production, HG Energy II Midstream Holdings, LLC and Antero Midstream Partners LP (effective 2025-12-05).

Action: entry
Agreement: asset purchase
Counterparty: HG Energy, HG Production, HG Energy II Midstream Holdings, LLC and Antero Midstream Partners LP
Effective: 2025-12-05

Exact text from the filing

the “Purchase Agreement”), dated December 5, 2025, by and among the Company, HG Energy, HG Production, HG Energy II Midstream Holdings, LLC and Antero Midstream Partners LP (together, the “Parties”).

View on SEC.gov

Browse all debt financings →

ANTERO RESOURCES Corp filing history →

Source: SEC EDGAR

accession 0001104659-26-009754

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.