Natural Resource Partners Extends Maturity of Revolving Credit Facility
HOUSTON--(BUSINESS WIRE)--Apr 9, 2019--Natural Resource Partners L.P. (NYSE: NRP) announced today it successfully completed an amendment of NRP Operating’s revolving credit facility. The amendment will extend the maturity date of the credit facility until April 2023 with lender commitments remaining at $100 million.
“Extending the Credit Facility three years further delivers on our commitment to successfully manage the timing of our debt maturities and ensure we have adequate working capital in the future,” said NRP’s President and Chief Operating Officer, Craig Nunez.
Natural Resource Partners L.P., a master limited partnership headquartered in Houston, TX, is a natural resource company that owns, manages and leases a diversified portfolio of mineral properties in the United States, including interests in coal, industrial minerals and other natural resources, and owns an equity investment in Ciner Wyoming, a trona/soda ash operation.
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CONTACT: Tiffany Sammis, 713-751-7515
KEYWORD: UNITED STATES NORTH AMERICA TEXAS
INDUSTRY KEYWORD: ENERGY COAL NATURAL RESOURCES MINING/MINERALS OTHER NATURAL RESOURCES
SOURCE: Natural Resource Partners L.P.
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PUB: 04/09/2019 04:30 PM/DISC: 04/09/2019 04:30 PM