Linn Energy, LLC (LINE) Declares $0.2416 Monthly Dividend; 8.9% Yield

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S&P Places Linn Energy, LLC (LINE) on CreditWatch Negative

July 1, 2014 1:57 PM EDT

Standard & Poor's Ratings Services affirms its 'BB-' corporate credit ratings on Houston-based exploration and production company Linn Energy LLC (Nasdaq: LINE). The outlook is stable.

At the same time, we placed our 'B+' ratings on Linn's senior unsecured debt on CreditWatch with negative implications, reflecting the potential for a downgrade following the close of the transaction, depending on the final... More