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New Issue-QR Energy sells $300 mln notes
July 26, 2012 / 4:42 PM / 5 years ago

New Issue-QR Energy sells $300 mln notes

July 26 (Reuters) - QR Energy, LP & QRE Finance Corp.
 late on Wednesday sold $300 million of senior unsecured
notes in the 144a private placement market, said IFR, a Thomson
Reuters service. 
    Citigroup, Barclays Capital, Credit Agricole, RBC, RBS, and
Wells Fargo were the joint bookrunning managers for the sale.

BORROWER: QR ENERGY

AMT $300 MLN    COUPON 9.25 PCT    MATURITY    08/01/2020
TYPE SR NTS     ISS PRICE 98.62    FIRST PAY   02/01/2013 
MOODY'S Caa1    YIELD 9.5 PCT      SETTLEMENT  07/30/2012   
S&P B-MINUS     SPREAD 810 BPS     PAY FREQ    SEMI-ANNUAL
FITCH N/A       MORE THAN TREAS    MAKE-WHOLE CALL 50 BPS

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