Quicksilver talks $300 million 10-year notes at 7% to 7¼%

By Paul A. Harris

St. Louis, March 10 - Quicksilver Resources Inc. talked its $300 million offering of 10-year senior subordinated notes (B2/B) at 7% to 7¼% on Friday, according to market sources.

Pricing is expected on Monday.

JP Morgan and Credit Suisse are joint bookrunners for the notes, which have been registered with the Securities and Exchange Commission.

The notes come with five years of call protection.

Proceeds will be used to refinance debt.

Quicksilver Resources is a Fort Worth, Texas-based oil and gas exploration and production company.

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