Antero resources announces $402 million overriding royalty transaction

Antero resources announces $402 million overriding royalty transaction.proceeds will be used to repay revolver borrowings and effective date of transaction is april 1, 2020.closing of overriding royalty interest transaction with sixth street partners, llc.has about $745 million drawn on its revolving credit facility and $1.2 billion in liquidity under its credit facility as of march 31, 2020.announced that it is has repurchased additional 2021 senior notes during q2 & that $540 million of that issue remain outstanding.orri transaction addresses over half of $650 to $900 million asset sale goal for 2020 & allows to pay down debt.additional asset sales & projected free cash flow during 2020 will be used to further reduce debt.
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