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

By: ,

S&P Rating   NR   Moodys Rating   NR

Security Ticker Symbol   LGCYP  OTC Temp Ticker  LGCPP

Market Traded ON   NASDAQ

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

Monthly Dividend   .167  Annual Dividend   2.00

After 4/15/2024 the dividend rate will be floating at 5.24% plus 3 month libor.

Securities may be redeemed, at the issuers option, as early as 04/15/2019  the call price is $25 plus accrued dividends

Dividend Payment will NOT be Qualified Distributions

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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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