Form 8-K LinnCo, LLC For: Feb 20

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Go back to Form 8-K LinnCo, LLC For: Feb 20

LinnCo (LNCO) Enters $500M Equity Distribution Agreement

February 23, 2015 6:16 AM EST

On February 20, 2015, LinnCo, LLC (Nasdaq: LNCO) entered into an Equity Distribution Agreement (the Distribution Agreement) with Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC, J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated and UBS Securities LLC (collectively, the Managers). Pursuant to the terms of the Distribution Agreement, the Company may issue and sell from time to time through the Managers, as the Companys sales agents, common shares representing limited liability company interests in the Company (the Shares) having an aggregate offering price of up to $500 million. Sales of the Shares, if... More