QEP RESOURCES, INC.: announcements explained, share price

Announcements, explained

Each one in plain English, with the numbers worked through for a shareholder.

10 Sept 2012material agreement● NeutralMajor

On September 5, 2012, QEP signed an agreement with J.P. Morgan Securities and other underwriters to sell $650 million of 5.250% notes due 2023. This starts a new borrowing; the filing does not say what the money is for.

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