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

Advertisement.

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

Maturity Date   None

This issue will generate a K-1 tax document.

 

Company Investor Relations Page for Legacy Reserves

Advertisement.

Below you can find the offering Prospectus and Final Pricing Document

Related Posts:

Tim McPartland

Connect with Tim McPartland

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.
X
Search Dividend Investor