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Antero Midstream (AM) has shared an announcement.
Antero Midstream Corporation has announced the early redemption of all its outstanding 7.875% Senior Notes due in 2026, with a total value of $531 million. The redemption is set for May 16, 2024, offering a price of 101.969% of the principal plus accrued interest. This strategic financial move aims to streamline the company’s debt before the set maturity date, potentially signaling a strong fiscal position or a shift in their capital structure strategy to the market and investors.
For detailed information about AM stock, go to TipRanks’ Stock Analysis page.