PetroQuest Energy Inc. - 2007-10-10

Description

Sold an additional 195,000 6.875% series B cumulative convertible perpetual preferred shares at US$50 each as overallotment, bringing the total offering to 1.3 million shares to pay borrowings from its bank credit facility and for general corporate purposes. J.P. Morgan Securities Inc. was book-running manager and Howard Weil Inc., Johnson Rice & Co. LLC and Coker & Palmer Inc. were co-managers.

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Estimated Price
$70.7MM
Financing Type
Report Date