Atlas Resource Partners (fka ARPJQ)

[StockItOut]

New 8-K today.
http://services.corporate-ir.net/SEC/Document.Service?id=P3VybD1hSFIwY0RvdkwyRndhUzUwWlc1cmQybDZZWEprTG1OdmJTOWtiM2R1Ykc5aFpDNXdhSEEvWVdOMGFXOXVQVkJFUmlacGNHRm5aVDB4TVRFeU56ZzROeVp6ZFdKemFXUTlOVGM9JnR5cGU9MiZmbj1BdGxhc1Jlc291cmNlUGFydG5lcnNMUF84S18yMDE2MDkwNy5wZGY=

"On the Effective Date, the Company initially issued 5,000,000 new Common Shares in accordance with the Plan. The Second Lien Lenders received 500,000 Common Shares (representing 10% of the initially outstanding Common Shares). Holders of the Notes, in exchange for 100% of the $668 million aggregate principal amount of Notes outstanding plus accrued but unpaid interest as of the commencement of the Chapter 11 cases, received 4,500,000 Common Shares (representing 90% of the initially outstanding Common Shares). On the Effective Date, the Company also issued the Series A Preferred Share to Titan Management."

"“Fallaway Date” means the first date on which the ratio of Total Debt (as defined in the ARP Credit Agreement as of the Closing Date), as of such date, to EBITDA (as defined in the ARP Credit Agreement as of the Closing Date, excluding, without duplication, gains and losses arising out of mark to market and cash settlement, prior to the Closing Date, of commodity derivative contracts) for the last 12 months preceding the date of determination is less than 3.5 to 1, as reflected in any regularly prepared quarterly or annual financial statements of the Company."