QR Energy LP - 2012-12-07
Priced its previously announced underwritten public offering of 12 million common units representing limited partner interests at a price to the public of $16.24 per common unit. Net proceeds will be used to repay borrowings outstanding under its credit facility and for general corporate purposes. RBC Capital Markets, Barclays, J.P. Morgan, UBS Investment Bank, Wells Fargo Securities and Raymond James acted as senior book-running managers for the offering. Citigroup, Credit Suisse, and Goldman Sachs & Co. acted as junior book-running managers for the offering. Baird, BMO Capital Markets, Janney Montgomery Scott, Oppenheimer & Co., Wunderlich Securities, Ladenburg Thalmann & Co. Inc., and MLV & Co. acted as co-managers for the offering.