Slideshow Preferred Stock Offerings

By Preferred Stock Channel Staff, updated Sun, August 14, 9:47 PM

Slide #347. Atlas Resource Partners, L.P. Preferred Stock Offering

Company: Atlas Resource Partners, L.P. (ARP)
Date announced: 4/7/2015
Security type: 10.75% Class E Cumulative Redeemable Perpetual Preferred Units (ARP.PRE)
Shares Offered: 255,000
Date of Pricing: 4/8/2015
Price Per Share: $25
Preferred Stock Offering Details: Atlas Resource Partners, L.P. (NYSE: ARP) today announced that it has commenced a public offering of Class E Cumulative Redeemable Perpetual Preferred Units ("Class E Preferred Units") pursuant to an effective shelf registration statement on Form S-3, filed with the Securities and Exchange Commission (the "SEC"). ARP will grant the underwriters a 30-day option to purchase additional Class E Preferred Units. ARP intends to use the net proceeds from the offering for general partnership purposes, which may include repayment of borrowings under its revolving credit facility. - updated 4/8 - Atlas Resource Partners, L.P. (NYSE: ARP) today announced the pricing of its public offering of 255,000 10.75% Class E Cumulative Redeemable Perpetual Preferred Units ("Class E Preferred Units") at a price of $25.00 per unit. The underwriters have been granted a 30-day option to purchase up to an additional 38,250 additional Class E Preferred Units at the public offering price less the underwriting discount. Distributions will be payable on the Class E Preferred Units at an initial rate of 10.75% per annum of the stated liquidation preference of $25.00. The offering is expected to close on April 14, 2015, subject to customary closing conditions.

Atlas Resource Partners is an an independent developer and producer of natural gas, crude oil and natural gas liquids, with operations in basins across the U.S. Co. is a sponsor and manager of investment partnerships (Drilling Partnerships), in which Co. co-invests, to finance a portion of its natural gas, crude oil and natural gas liquids production activities. As of Dec 31 2015, Co.'s estimated proved reserves were 921.00 billion cubic feet equivalent, including the reserves net to Co.'s equity interest in its Drilling Partnerships. Of Co.'s estimated proved reserves, approximately 82% were proved developed and approximately 66% were natural gas.

Preferreds: ARP.PRE, ARP.PRD

Open the ARP Page at Preferred Stock Channel »
Open the ARP.PRE Page at Preferred Stock Channel for More Information About this Preferred »

Atlas Resource Partners LP
Oil & Gas Exploration & Production

Quotes delayed 20 minutes

Email EnvelopeFree Email Alerts:
Get Dividend Alerts
Get SEC Filing Alerts
Top Ten Highest Yielding Preferred Stocks
Feel-Good Income: Socially Responsible Preferreds
Dividend Channel's 25 S.A.F.E. Dividend Stocks
Increasing Payments For Decades

Safer than S.A.F.E: Preferreds of Dividend Channel's
S.A.F.E. Dividend Stocks

Recent Preferred Stock Offerings
Preferred Stocks of Dow Components
Preferred Stocks of S&P 500 Components
Preferred Stocks By Industry
Preferred Stocks Where Insiders Are Buying The Common
High Yield Preferred Stocks
Preferreds Trading At Premiums To Liquidation Preference
Preferreds Trading At Discounts To Liquidation Preference
The Top 10 DividendRank'ed U.S. Stocks
The Top 10 DividendRank'ed Canadian Stocks
Top 25 Broker Analyst Picks of the S&P 500
Stock market game

Preferred Stock Offerings - Slide 347 of 582 |

Copyright © 2010 - 2022, All Rights Reserved Nothing in Preferred Stock Channel is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact Preferred Stock Channel; Meet Our Editorial Staff.