Initial Public Offering

Energy
Initial Public Offering

Summary

Baird served as a co-manager on this offering.

About

Antero Midstream Partners, LP (“Antero Midstream” or the “Partnership”) (NYSE: AM) recently completed an initial public offering of 46,000,000 common units at a price of $25.00 per unit, generating gross proceeds of $1.2 billion. The Partnership intends to use the net proceeds from the offering to repay indebtedness assumed from its sponsor, Antero Resources Corporation (“Antero Resources”) (NYSE: AR), to reimburse Antero Resources for capital expenditures incurred on midstream assets prior to formation of Antero Midstream and for general partnership purposes.

Antero Midstream is a limited partnership formed by Antero Resources that owns, operates and develops midstream gathering and compression assets to service Antero Resources’ production located in the Appalachian Basin in West Virginia, Ohio and Pennsylvania. The Partnership is headquartered in Denver, Colorado.

For additional information about this transaction, please contact:

Frank Murphy +1 (314) 445-6532
Curtis Goot +1 (314) 445-6540
Gary Placek +1 (414) 765-3611
Energy
Initial Public Offering
Date
November 2014
Company
Antero Midstream Partners, LP
Transaction
M&A
Sectors
Energy
Target Location
North America

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