Antero Midstream Corporation announced that, subject to market conditions, it intends to offer $650 million in aggregate principal amount of senior unsecured notes due 2029 (the "Notes") in a private placement to eligible purchasers. Antero Midstream intends to use the net proceeds from the offering and credit facility borrowings to fund the redemption of all $650 million aggregate principal amount of its 5.375% senior notes due 2024 (the "2024 Notes") at a price of 102.688% plus accrued interest. The redemption of all 2024 Notes is expected to be conditioned on the completion of the offering of the Notes. The offering of the Notes is not contingent upon the completion of such redemption. The Notes to be offered have not been registered under the Securities Act of 1933, as amended (the "Securities Act"), or any state securities laws, and unless so registered, may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws. The Notes will be offered only to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act and outside the United States pursuant to Regulation S under the Securities Act.