Here's the Deal
 

Baird's Investment Banking Group is pleased to announce the following transaction:


December 2012


QR Energy, LP
Follow-On Offering
$224.1 Million


Baird served as a senior co-manager in this offering


QR Energy, LP (NYSE: QRE) (“QR Energy” or the “Partnership”) recently completed a follow-on offering of 13,800,000 common units at a price of $16.24 per unit, generating gross proceeds of approximately $224.1 million. The Partnership intends to use the net proceeds from this offering to repay borrowings outstanding under its credit facility and for general corporate purposes.

QR Energy is a master limited partnership formed by affiliates of Quantum Resource Funds to engage in the acquisition, production and development of onshore crude oil and natural gas properties in the United States. The Partnership’s properties consist of mature, legacy onshore oil and natural gas reservoirs with long-lived, predictable production profiles.

For additional information about this transaction, please contact:


Managing Director, Co-Head of Energy Group
(314) 445-6532

Managing Director, Co-Head of Energy Group
(314) 445-6540

Director
(314) 445-6536

Managing Director
(414) 765-3611

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