Quicksilver Resources Inc. - 2012-02-10

Description

Announced that Quicksilver Production Partners LP (QPP), a subsidiary of Quicksilver, has filed a registration statement with the SEC related to a proposed initial public offering. In connection with the IPO, Quicksilver will contribute certain of its Barnett shale assets and related derivatives to QPP. Quicksilver intends to use the proceeds received from QPP to retire a portion of its debt.

J.P. Morgan and Credit Suisse are acting as lead book-running managers for the proposed offering.

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Estimated Price
$237.8MM
Financing Type
Report Date