Legacy Reserves LP 8% Fixed to Floating Rate Cumulative Redeemable Preferred
By: Tim McPartland,
S&P Rating NR Moodys Rating NR
Security Ticker Symbol LGCYP OTC Temp Ticker LGCPP
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 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
Below you can find the offering Prospectus and Final Pricing Document