Legacy Reserves LP (Nasdaq: LGCY) secured commitments from its bank group to expand its borrowing base to $800 million from the previous $737.5 million under its $1 billion secured revolving credit agreement.
Wells Fargo Bank National Association is administrative agent. Compass Bank is syndication agent. UBS AG and U.S. Bank National Associationits are co-documentation agents.
Quarterly Cash Distrubtion
The board of directors of its general partner has approved a cash distribution attributable to 3Q 2013 of $0.585 per unit, payable on Nov. 14, to unitholders of record at the close ...