DENVER, Nov. 6, 2019 /PRNewswire/ -- Antero Midstream
Corporation (NYSE: AM) ("Antero Midstream" or the "Company")
announced today the pricing of an underwritten public offering of
an aggregate of 25,965,437 shares of common stock by certain
affiliates of Warburg Pincus and certain investment funds managed
by Yorktown Partners LLC. The underwriter intends to offer the
shares from time to time for sale in one or more transactions on
the New York Stock Exchange, in the over-the-counter market,
through negotiated transactions or otherwise at market prices
prevailing at the time of sale, at prices related to prevailing
market prices or at negotiated prices. The gross proceeds from the
sale of the shares by the selling stockholders are expected to be
approximately $171 million. Antero
Midstream is not selling any shares of common stock in the offering
and will not receive any proceeds therefrom.
Barclays Capital Inc. is acting as the sole underwriter for the
offering. The offering of these securities will be made only by
means of a prospectus supplement. When available, a copy of the
prospectus supplement and the accompanying base prospectuses may be
obtained from Barclays, c/o Broadridge Financial Solutions, 1155
Long Island Avenue, Edgewood, NY
11717, Barclaysprospectus@broadridge.com, (888) 603-5847.
This offering is made pursuant to an effective shelf
registration statement filed by Antero Midstream with the
Securities and Exchange Commission. This press release shall not
constitute an offer to sell or the solicitation of an offer to buy,
nor shall there be any sale of these securities in any state or
jurisdiction in which such offer, solicitation or sale would be
unlawful without registration or qualification under the securities
laws of any such state or jurisdiction.
Antero Midstream Corporation is a Delaware corporation that owns, operates and
develops midstream gathering, compression, processing and
fractionation assets located in West
Virginia and Ohio, as well
as integrated water assets that primarily service Antero Resources
Corporation's properties.
For more information, contact Michael
Kennedy — CFO of Antero Midstream Corporation, at (303)
357-6782 or mkennedy@anteroresources.com.
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SOURCE Antero Midstream Corporation