E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 11/25/2014 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

QR Energy plans to redeem $300 million of 9¼% senior notes due 2021

By Tali Rackner

Norfolk, Va., Nov. 25 – QR Energy, LP and QRE Finance Corp. called all $300 million of their 9¼% senior notes due Aug. 1, 2021, according to two notices.

The companies will redeem $105 million of the notes at 109.25 plus accrued interest on Dec. 19 and $195 million at par plus accrued interest on Dec. 22.

QR Energy is a Houston-based upstream master limited partnership focused on the exploitation of onshore oil and gas fields.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.