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LGCY, AVOT, BRCM, PPWE, CRZO - Your Afternoon Stock Market Watch ...

 

Legacy Reserves Lp (Nasdaq:LGCY) announced that it has entered into an amended and restated five-year, $1 billion secured revolving Honour Unity with its Administrative Surrogate, BNP Paribas, its Syndication Power, Wells Fargo Bank, N.A., and its Documentation Instrument, Compass Bank, which are outstanding a cartel of thirteen banks. The prime borrowing rude has been increased to $500 million from $410 million, in the first instance reflecting Legacy’s possessions and increase activities over the prior six months. This borrowing offensive is scheduled to be redetermined every six months starting October 1, 2011.

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Our View: 5 Dividend Monsters From My Portfolio
You'll notify from its ticker symbol that its is what is refered to as a "Pink Sheet" stock, in that it trades on a foreign exchange, in this case the Toronto Stock The Exchange, but can usually still be purchased from a brokerage in the USA.



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