Legacy Reserves LP 8% Fixed to Floating Rate Cumulative Redeemable Preferred-Series B

By: ,

Date Issued   6/12/2014

Shares Issued 7,000,000  Overallotment shares   1,050,000

S&P Rating   NR   Moodys Rating   NR

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Security Ticker Symbol   LGCYO  OTC Temp Ticker  LRPSP

Market Traded ON   NASDAQ

Dividend Payment Paid on the 15th of each month beginning on 05/15/2014

Monthly Dividend   .167  Annual Dividend   2.00

After 6/15/2024 the dividend rate will be floating at 5.256% plus 3 month libor.

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Securities may be redeemed, at the issuers option, as early as 06/15/2019  the call price is $25 plus accrued dividends

Dividend Payment will NOT be Qualified Distributions

Maturity Date   None

This issue will generate a K-1 tax document.

 

Company Investor Relations Page for Legacy Reserves

Below you can find the offering Prospectus and Final Pricing Document

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