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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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