QEP Resources Inc. - 2016-03-08
Description
Completed the sale of about 4.9 million additional common shares to the underwriters of its recent public offering of common stock. Additional gross proceeds increased the total proceeds in connection with the offering to $379.5 million. Net proceeds from this offering will support general corporate purposes including reducing debts and supporting acquisitions, E&P and working capital. Deutsche Bank Securities Inc. and Goldman Sachs & Co. were joint book-running managers.