Preferred Stock Offerings
By Preferred Stock Channel Staff, updated Wed, April 17, 5:15 PM
This Slide: #416 of 620 |
Slide #416. Atlas Resource Partners, L.P. — Preferred Stock Offering
Company:
Atlas Resource Partners, L.P. (NYSE:ARP)
Date announced:
9/24/2014
Preferred Stock Offering Details:
Atlas Resource Partners, L.P. (NYSE: ARP) today announced that it has commenced a public offering of Class D Cumulative Redeemable Perpetual Preferred Units ("Class D 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 D Preferred Units. ARP intends to use the net proceeds from the offering to fund a portion of its previously announced acquisition of oil producing assets in the Eagle Ford Shale in south Texas.
Learn more about the ARP $25.13 ETF at ETF Channel.
Preferred: ARPJN
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