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Published on 11/25/2014 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

QR Energy plans to redeem $300 million of 9¼% senior notes due 2021

By Tali Rackner

Norfolk, Va., Nov. 25 – QR Energy, LP and QRE Finance Corp. called all $300 million of their 9¼% senior notes due Aug. 1, 2021, according to two notices.

The companies will redeem $105 million of the notes at 109.25 plus accrued interest on Dec. 19 and $195 million at par plus accrued interest on Dec. 22.

QR Energy is a Houston-based upstream master limited partnership focused on the exploitation of onshore oil and gas fields.


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