Atlas Resource Partners LP Offers Preferred Shares

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Atlas Resource Partners LP, a oil and gas exploration and production partnership, will be selling a new perpetual preferred issue.

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We do not have the details of the issue at this point in time, but we believe the coupon will come in the 8% range.

These units will likely generate a K-1 for tax season.

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Preliminary details are here.

 

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Tim McPartland
Tim McPartland is a private investor with over 45 years of investing experience. His analysis, research and writing is devoted to the hunt for income producing securities of all types, but in particular specializing in preferred stocks, exchange traded debt and Master Limited Partnerships.
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