QEP Resources Inc. - 2012-02-28

Priced an underwritten public offering of $500 million of its 5.375% Senior Notes due October 2022. Net proceeds will be used to repay debt. The offering is expected to close on March 1, 2012. Wells Fargo Securities, LLC, BMO Capital Markets Corp., Deutsche Bank Securities Inc., and J.P. Morgan Securities LLC are joint book-running managers.