Denver-based Antero is selling 8 million units of Antero Midstream Partners at $22.40 per share for gross proceeds of $179 million and could offer another 1.2 million units to underwriters of the deal, which would bring gross proceeds to $206 million.
Even after the offering, Antero will still own a majority stake in the pipeline and water handling company.
Antero plans to use the cash to pay down its revolving credit facility and fund its planned $1.4
