Natural Resource Partners L.P. Establishes Five-Year Credit Facility Maturing August 2027
August 11 2022 - 4:20PM
Business Wire
Natural Resource Partners L.P. (NYSE: NRP) announced
today it successfully completed an amendment and five-year
extension of NRP Operating’s revolving credit facility. Lender
commitments are $102.5 million, and additional commitments can be
added to expand the facility to $132.5 million.
“This new five-year credit facility will provide significant
liquidity and allow us to accelerate the repayment of our 2025
Senior Notes and Preferred Units,” said Craig Nunez, NRP’s
president and chief operating officer.
Company Profile
Natural Resource Partners L.P., a master limited partnership
headquartered in Houston, TX, is a diversified natural resource
company that owns, manages and leases a diversified portfolio of
properties in the United States including coal, industrial minerals
and other natural resources, as well as rights to conduct carbon
sequestration and renewable energy activities. NRP also owns an
equity investment in Sisecam Wyoming LLC, one of the world’s
lowest-cost producers of soda ash.
Further information about NRP is available on the partnership’s
website at http://www.nrplp.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20220811005716/en/
NRP Contact Tiffany Sammis, Investor Relations,
713.751.7515, tsammis@nrplp.com
Natural Resource Partners (NYSE:NRP)
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