Vergie sells LNCO 30.41: Update: Linn Energy Offering $1 Billion In Senior Notes - Impact To My Bull Thesis
Today it was announced by Linn Energy (NASDAQ:LINE) and LinnCO (NASDAQ:LNCO) that the MLP intends to do a public offering of $1.0 billion of senior notes to raise cash. This $1 billion underwriting will consist of two rounds of 6.5% senior unsecured notes. ...
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