SandRidge Permian Trust Announces Quarterly Distribution
This is intended to be a qualified notice by SandRidge Permian Trust to nominees and brokers as provided for under Treasury Regulation Section 1.1446-4(b), and while specific relief is not specified for Section 1441 income, this disclosure is intended to suffice.
- This is intended to be a qualified notice by SandRidge Permian Trust to nominees and brokers as provided for under Treasury Regulation Section 1.1446-4(b), and while specific relief is not specified for Section 1441 income, this disclosure is intended to suffice.
- Nominees and brokers should withhold at the highest marginal rate on the distribution made to foreign partners.
- The anticipated distribution is based, in part, on the amount of cash received or expected to be received by the Trust from Avalon Energy, LLC.
- An investment in Common Units issued by SandRidge Permian Trust is subject to the risks described in the Trusts Annual Report on Form 10-K for the year ended December 31, 2018, and all of its other filings with the SEC.