QEP RESOURCES, INC. | 2013 | FY | 3

The following table is a reconciliation of proceeds from the IPO (in millions):
Total proceeds from the IPO
 
$
483.0

IPO costs
 
(33.4
)
Net proceeds from the IPO
 
449.6

QEPM revolving credit facility origination fees
 
(3.0
)
QEPM repayment of outstanding debt with QEP
 
(95.5
)
Net proceeds distributed to QEP from the Offering
 
$
351.1

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