Antero Resources Plans to Raise as Much as $1.26 Billion in IPO

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Antero Resources Corp., the natural-gas company backed by Warburg Pincus LLC, said it plans to raise as much as $1.26 billion in a U.S. initial public offering.

The company is offering 30 million shares at $38 to $42 each, according to a statementBloomberg Terminal today. Barclays Plc, Citigroup Inc., JPMorgan Chase & Co., Credit Suisse Group AG, Jefferies Group LLC and Wells Fargo & Co. are managing the offering, Denver-based Antero said.