Antero Resources Establishes $1.65 Billion Commercial Paper Program
Antero Resources Corporation established a commercial paper program on June 16, 2026, allowing the company to issue up to $1.65 billion in short-term, unsecured commercial paper notes. The notes will have maturities not exceeding 397 days and will be sold at discount or at par with interest rates determined at issuance. Proceeds will be used for general corporate purposes including working capital, capital expenditures, acquisitions, and debt repayment. The company's senior unsecured revolving credit facility will serve as a liquidity backstop, with the company maintaining available capacity equal to outstanding borrowings under the program. The notes will be sold to qualified institutional buyers and institutional accredited investors under Section 4(a)(2) exemption from Securities Act registration. The filing includes the form of Commercial Paper Dealer Agreement as Exhibit 10.1, detailing the terms and conditions for dealers participating in the program.