The peculiarities of the negative refraction in periodic multilayered antiferromagnet–semiconductor nanostructures are investigated in the presence of an external magnetic field parallel to the plane of the layers. Effective material tensors are obtained using method of anisotropic homogeneous medium. Dispersion and energetic relations for the mixed magnon–plasmon polaritons are investigated in the case of the Voigt geometry. Frequency regions of anomalous dispersion are found and studied in various regimes of the applied magnetic field. The necessary conditions are found under which the structure behaves as a left-handed negative-index metamaterial. Analytical expressions for the frequency-dependent phase and group refractive indices are obtained.